(a) In the exercise of its power to prescribe just and reasonable rates for the transportation of passengers or property by common carrier by motor vehicle, the Arkansas Department of Transportation shall give due consideration, among other factors, to:
(1) The inherent advantages of transportation by carriers to the effect of rates upon the movement of traffic by the carriers;
(2) The need, in the public interest, of adequate and efficient transportation service by the carriers at the lowest cost consistent with the furnishing of the service; and
(3) The need of revenues sufficient to enable the carriers, under honest, economical, and efficient management, to provide the service.
(b)
(1) In any proceeding to determine the justness or reasonableness of any rate, fare, or charge of any common carrier, there shall not be taken into consideration or allowed as evidence or elements of value of the property of the carrier, either goodwill, earning power, or the certificate under which the carrier is operating.
(2) In applying for and receiving a certificate under this subchapter, any common carrier shall be deemed to have agreed to the provisions of this subsection on its own behalf and on behalf of all transferees of the certificate.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Subchapter 2 - Arkansas Motor Carrier Act, 1955
§ 23-13-204. Applicability of subchapter
§ 23-13-205. Interstate commerce unaffected by subchapter
§ 23-13-207. Regulation by department
§ 23-13-208. General duties and powers of department
§ 23-13-209. Mandatory injunction — Requirement that department take jurisdiction
§ 23-13-210. Hearings before department
§ 23-13-211. Appeals — Entitlement
§ 23-13-213. Appeals — Stay of operating authority pending appeal
§ 23-13-214. Appeals — Transcripts
§ 23-13-215. Appeals — Filing fees
§ 23-13-216. Agent for service of process, notices, or orders
§ 23-13-217. Enforcement officers
§ 23-13-218. Certificate of public convenience and necessity — Requirement
§ 23-13-219. Certificate of public convenience and necessity — Application and fees
§ 23-13-220. Certificate of public convenience and necessity — Issuance — Notice and hearing
§ 23-13-221. Certificate of public convenience and necessity — Terms and conditions
§ 23-13-222. Permits for contract carriers — Requirement
§ 23-13-223. Permits for contract carriers — Application and fees
§ 23-13-224. Permits for contract carriers — Issuance
§ 23-13-225. Permits for contract carriers — Terms and conditions — Contracts for services
§ 23-13-227. Certificates and permits — Security for the protection of the public
§ 23-13-229. Temporary authority
§ 23-13-230. Brokers — Licenses — Rules for protection of public
§ 23-13-231. Certificates, permits, and licenses — Effective dates
§ 23-13-232. Certificates, permits, and licenses — Transfer, assignment, etc
§ 23-13-233. Certificates, permits, and licenses — Amendment, revocation, and suspension
§ 23-13-235. Annual fees charged carriers — Remittance — Disposition of funds
§ 23-13-238. Common carriers — Rates, fares, rules, etc. — Complaints
§ 23-13-239. Common carriers — Rates, fares, rules, etc. — Determination by department
§ 23-13-242. Common carriers — Rates, charges, rules, etc. — Factors of reasonableness or justness
§ 23-13-243. Sections 23-13-236 — 23-13-242 cumulative
§ 23-13-244. Tariffs of common carriers by motor vehicle
§ 23-13-248. Contract carriers — Complaints
§ 23-13-251. Collection of rates and charges
§ 23-13-252. Receipts or bills of lading
§ 23-13-255. Access to property, equipment, and records
§ 23-13-256. Identification of equipment
§ 23-13-257. Violations by carriers, shippers, brokers, etc., or employees, agents, etc. — Penalties
§ 23-13-259. Lessor to unauthorized persons deemed motor carrier
§ 23-13-260. Violations of subchapter — Jurisdiction of cases
§ 23-13-262. Actions to recover penalties
§ 23-13-263. Lien declared to secure payment of fines and penalties