A bill to authorize the Interstate Commerce Commission to approve, on an expedited basis, pooling arrangements between common carriers other than railroads that are not of major transportation importance and are not likely unduly to restrain competition.

[AI summary unavailable — showing source text] Amends the Interstate Commerce Act to authorize the Interstate Commerce Commission to approve pooling or division of traffic, service, or earnings agreements between common carriers other than railroads without a hearing and within a 30 day time period if the Commission determines that such agreement is not of major transportation importance and there is not a substantial likelihood that such agreement will unduly restrain competition.…