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1 month ago

What do you think policymakers expected would happen when they deregulated the trucking industry?

Business

2 answers:

Mariulka [3.1K]1 month ago

7 0

Answer:

Implementing this change reflects a modernization of the trucking sector, but gaining acceptance requires altering the mindset of truck drivers and logistics company owners.

Explanation:

This adjustment affects the entire industry—every trucking company must comply. If service status records are kept electronically, the full transition must occur by December 2017.

This means choosing an appropriate Electronic Logging Device (ELD) based on budget and fully installing it across the fleet. Paper logs will no longer be permissible after that date.

According to an Overdrive magazine survey, 71% of independent drivers threatened to quit rather than install these devices, which could reduce the fleet by 10%, about 260,000 trucks. If that happened, US logistics transport would face a significant setback.

Scilla [3.2K]1 month ago

6 0

Deregulation involves removing government oversight from a specific sector. If the trucking industry were deregulated, competition within it would intensify. Additionally, there would be fewer regulations ensuring that truckers abide by weight limits or refraining from transporting prohibited or illegal goods. Without regulation, guaranteeing timely delivery of products to stores would become more challenging.

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Scilla [3249]

Answer:

Both divisions are showing equal performance with an ROI of 14%.

Explanation:

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