Agricultural and Rural Commodities Transportation Act

[AI summary unavailable — showing source text] Agricultural and Rural Commodities Transportation Act - Title I: Short Title - Sets forth the title by which this Act is to be cited. Title II: Amendments to Part 1 of the Interstate Commerce Act - Defines specific terms as they are held to be meant in the application of provisions of the Interstate Commerce Act. Defines such terms as "variable cost" and "fully allocated cost". Empowers the Interstate Commerce Commission to determine and prescribe what will be a just, reasonable, and compensatory individual or joint rate, fare, or charge, or rates, fares, or charges not less than the variable cost or in excess of 100 percent of the fully allocated total cost, to be charged by a common carrier or carriers by railroad subject to this part for the transportation of agricultural commodities, where shippers have no effective alternative means of transport, and to make an order that the carrier or carriers shall cease and desist from such violation to the extent to which the Commission finds that the same does or will exist. Directs the Commission to promulgate and publish rules and regulations prescribing uniform cost accounting methods for carriers by railroad subject to this part. Sta…