The Impact of the 1980 Motor Carrier Act on the Truck Industry
Whenever we think of blue-collar occupations that have declined in status, salary, and working conditions, we usually blame technology or labor outsourcing to other countries.
Trucking remains resilient to outsourcing. Also, self-driving innovation is yet to replace any driver. Nonetheless, its income, status, and working conditions have declined recently.
President Jimmy Carter enacted the Motor Carrier Act (MCA) in 1980, deregulating the business and transforming truckers into independent contractors. Most drivers now own their vehicles and are employed by trucking firms, which are employed by enterprises that ship via a port. Drivers are in charge of upkeep, route planning, and parking cost.
Read more …The Impact of the 1980 Motor Carrier Act on the Truck Industry
Over the past decade the cost of trucking has been rising and it does not look like it will slow down anytime soon. In order to be profitable, one should manage these variations in operating costs. First and foremost, one must be aware of what these costs are, and then what solutions can help to minimize the impact they have on the bottom line. Especially when trucking companies are closing down abruptly at a rate never seen or heard before.
Buying a big rig can be difficult for small businesses due to the high initial cost involved in it. Buying it is not much of a problem, but the cost of its maintenance is the thing to worry about. The main costs to consider are gas mileage and tires etc. First of all, it is vital for you to make sure that you are aware of what is best for your company.
What is Bobtail Truck Insurance?
The practice of driving an 18-wheeler vehicle without any trailer is called bobtailing. It is also known as deadheading in the US. Operators who are semi owners and make deadhead trips occasionally without or with dispatch are often required by the respective motor carrier to get special coverage, which is called Bobtail truck insurance.
Since the inception of the trucking industry, and probably even before then, everything was run through a traditional freight broker. Without these brokers there would have been no connections (or at least very little) between the shippers and the carriers. Obviously, this meant there would be no industry, and possibly, no economy - we all know the economy revolves around us making our deliveries.
Read more …Trucking On-Demand: How does it Affect our Industry?
