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How To Regulate The Trucking Industry

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Throughout the years industries have either been heavily regulated by state and federal governments or they have been able to have restrictions reduced to allow them to conduct better business. This is especially noticeable when it comes to the regulations that were lifted from the trucking industry over several years. First issue that should be investigated is how the trucking industry even fell into these kind of regulations. With the introduction of regulations, it started to cause other outside issues on the economy besides what the government thought would happen. When the industry started to become more free and unregulated by the federal government, shipments started to become effective to the smaller communities. The overall deregulation …show more content…

At one point it became so crippling that they would be found ineffective in trying to transport goods over the road. Initially the trucking industry got grouped into the Inter Commerce Commission due to the fact they were taking business away from the railroad industry. Many congress and state regulators brought them into this in 1935 and would be regulated just as the rival industry was, the railroad (Moore, 1993). The trucking industry did not have much to battle this with because they were shipping items over state lines just as the other industry was. This resulted in an easy sell for the political figures to make and require them to fall under the same regulations as the other industries. With the implementation of this new regulation it was difficult for new trucking industries to join and create more …show more content…

When the regulation got repealed the number of trucking individuals started to rise due to less restrictions. The leadership in the government also started to notice this as well. They predicted that 299,000 jobs would be created between 1994 and 2005, this would result in them being among the top 25 occupations groups for growth (Engel, 1998). The result of this would allow the economy to continue to grow and if individual members wanted to create their own company, or driver over the road it would give them full opportunity. The result of the regulation hurt the trucking industry and it was beneficial to overturn then decision to deregulate them. Since they Interstate Commerce Commission was not putting most of their focus on the pricing aspect they were able to shift it toward the safety of the industry. The commission in charge of the interstate transport was so focused on the pricing aspect and making it more competitive for the rail industry they started to relax on the safety of the drivers. With the regulation in effect they did not even discuss the safety aspect of the trucking industry. Even after the deregulation studies show that it had no effect on the safety of the industry (Trucking Deregulation, n. d.). This proves that they should not try to regulate how companies make their money, they should be more focused

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