Crounse Corporation v. Interstate Commerce Commission and United States of America
Court of Appeals for the Sixth Circuit
1Opinion of the Court
CORNELIA G. KENNEDY, Circuit Judge.
In this appeal, petitioners1 contest the August 27, 1984 decision of the Interstate Commerce Commission (Commission or ICC) approving the acquisition by CSX Corporation, the nation’s second largest railroad, of American Commercial Lines, Inc. (ACL), which owns the nation’s largest bargeline, American Commercial Barge Lines (ACBL). Petitioners and intervenors *1181claim that the ICC erred in holding that the transaction violates neither the Panama Canal Act, 49 U.S.C. § 11321, nor section 11344 of the Interstate Commerce Act, 49 U.S.C. § 11344. We find that…
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