Montgomery v. Caribe Transport II, LLC · ¶9
The Federal Government began regulating the trucking industry in 1935. P. Teske, S. Best, & M. Mintrom, Deregulating Freight Transportation: Delivering the Goods 60 (1995) (Teske). The Interstate Commerce Commission (ICC) initially regulated rates and services of motor carriers “ `in the public interest.' ” 49 Stat. 543. But the ICC's interventions “inhibit[ed] market entry [and] carrier growth,” creating “some operating ineffciencies and some anticompetitive pricing.” 94 Stat. 793. Its regulation also stifed brokers' development. J. Kinsler, Motor Freight Brokers: A Tale of Federal Regulatory Pandemonium, 14 Nw. J. Int'l L. & Bus. 289, 290 (1994). So Congress enacted the Motor Carrier Act of 1980 to deregulate aspects of the industry. Ibid. The Motor Carrier Act “ease[d] entry requirements, reduce[d] collective rate making, and encourage[d] greater fexibility in pricing.” Teske 69.Read in context ›
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