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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
52 lines
2.3 KiB
Markdown
52 lines
2.3 KiB
Markdown
---
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type: "LegalText"
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title: "46 U.S.C. § 40702"
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description: "Rate standards"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 46
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title_name: "SHIPPING"
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chapter_number: "407"
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chapter_name: "CONTROLLED CARRIERS"
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section: "40702"
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citation: "46 U.S.C. § 40702"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc46@119-100.zip"
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source_identifier: "/us/usc/t46/s40702"
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source_file: "data/legal/raw/us/code/title-46/usc46.xml"
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source_hash: "50efea7d82b4c47fc7b525c34ec2bd03a5b878e6b27758c46f166ae421922751"
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raw_snapshot_hash: "eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f"
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text_hash: "2f7fc4f7fa0c2b929e57b65ca0848f8a1b846e4fafd93e9c8aee92c815cbe171"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 46 U.S.C. § 40702 - Rate standards
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## Text
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(a) Definition.— In this section, the term “constructive costs” means the costs of another carrier, other than a controlled carrier, operating similar vessels and equipment in the same or a similar trade.
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(b) Standards.— In determining whether a rate, charge, classification, rule, or regulation of a controlled carrier is just and reasonable, the Federal Maritime Commission—
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(1) shall take into account whether the rate or charge that has been published or assessed, or that would result from the pertinent classification, rule, or regulation, is below a level that is fully compensatory to the controlled carrier based on the carrier’s actual costs or constructive costs; and
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(2) may take into account other appropriate factors, including whether the rate, charge, classification, rule, or regulation is—
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(A) the same as, or similar to, those published or assessed by other carriers in the same trade;
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(B) required to ensure movement of particular cargo in the same trade; or
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(C) required to maintain acceptable continuity, level, or quality of common carrier service to or from affected ports.
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(Pub. L. 109–304, § 7, Oct. 6, 2006, 120 Stat. 1536.)
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## Notes
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Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 4070246 App.:1708(b).Pub. L. 98–237, § 9(b), Mar. 20, 1984, 98 Stat. 76; Pub. L. 105–258, title I, § 108(5)–(7), Oct. 14, 1998, 112 Stat. 1908.
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