Before deregulation?????

His first post, autocorrect changed it to afternoon!

 

Here is an example....Before deregulation we were making $1.85/mile hauling cattle interstate, post deregulation we were lucky to get $1.00/mile.

 

At the cost of the drivers.

 

THE EVOLUTION OF DEREGULATION IN THE TRUCKING INDUSTRY
In the early 1980’s, deregulation of the trucking industry came into being. Triggered in part by the trucker shutdowns of the ’70’s and ’80’s, politicians such as Ted Kennedy supported a bill entitled The Motor Carrier Act of 1980. The bill passed in Congress and was signed into law by President Carter.

The purpose of the bill was to encourage competition in the trucking industry among truckers with the hope of a reduced cost in the transportation of consumer goods and an increase in jobs for truckers.

TRUCKERS PAY THE PRICE
Critics of the bill at the time predicted cost savings by consumers would be borne by truck drivers themselves in the form of lower wages. As it turned out, this would prove to be the case.

Law makers with good intentions failed to monitor and police the results of their bill and did not speculate on the serious potential long term damage.

By the early 1980’s, independent truckers and small carriers made up roughly 30% of the trucking industry. These numbers were down through attrition from 80% in the early ’70’s.

Deregulation was the answer to combating the truckers’ rising costs by allowing them to directly control their freight rates by dealing directly with customers.

Truckers at the time thought they’d ‘slain the dragon‘ by getting out from underneath the restrictive and controlling Interstate Commerce Commission (ICC), the former governing body of trucking regulation.

THE GREED OF THE SHIPPERS
However, now the truckers faced a new enemy that had started out as a friend. The shippers, as well as competition from the outside business community, sought to profit from building large trucking companies. They would operate on volume with lower freight rates to attract customers.

Manufacturing and shippers had of course supported deregulation because they believed their costs would go down and service would improve by dealing with unregulated truckers. Both became the case.

Shippers now sensed a new way to save and make more money though deregulation. They began to work the system to their advantage. They would minimize their shipping costs and maximize their shipping volumes. Hence, sales and profits were thriving.

The monster and enemy, deregulation in the trucking industry is born.

Hope this helps.

 

Carter signed it but the article fails to mention it was spawned under Nixon.

I don't have a problem with de-regulation.....free markets and all. My problem is the brokers don't have to pay their bills and large carriers get sudsidies.

 

Shhhhhhh...... Easy how you say Silver 92 @"semi" retired may be listening lol, but heck he probably out on his 2 wheeled lazy boy so go ahead .

 

Deregulation bill was written by Ted Kennedy. It goes all the way back to the Kennedys in the 50's. Jimmy Hoffa made the Kennedys look like fools and they never forgave him for it.

 

Trucking wasn't the only industry that was deregulated. Telecommunications (remember MA Bell and black telephones?) And the airlines all went thru the upheaval.

 

"After Nixon resigned, Gerald Ford “made a
great hullabaloo about deregulation.”6
During his short time in office, he
appointed pro-deregulation commissioners and convinced Congress to
partially deregulate railroads and oil and gas. Jimmy Carter picked up
where Ford left off. “Jimmy Carter seized on deregulation very early in
his administration largely because Ford had prepared the issue for
action.”7
Carter scored a remarkable string of victories. He lifted most of
the remaining regulations on oil and gas, and he revolutionized the
transportation industry by eliminating controls on airlines, railroads and
trucking companies"