In 1977 the government began to loosen regulations on the trucking industry, expecting that increased competition would drive down companies' shipping costs. This text explores trucking deregulation, discussing its effects on the industry and the unintended consequences of deregulation.
In 1977 the US government began to loosen regulations on the tightly controlled trucking industry, expecting that increased competition would drive down companies'' shipping costs. In this provocative new book Michael H. Belzer takes a close look at trucking deregulation, discussing its effects on the industry in particular and the unintended consequences of deregulation in general. He makes the case that government still has a role to play in ameliorating the hardship caused by competition while retaining its benefits.
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