Consolidated vs consolidating balance sheet Chat ids of girls
"Carriers that didn't have certificates were prohibited from servicing those areas." All that changed in June 1980, when President Jimmy Carter signed the Motor Carrier Act.
Operating authority was deregulated, and carriers could serve any area in the United States.
"Everybody wanted to become a trucker," Gallamore says.
The Interstate Highway System got its start some 50 years ago, during the Eisenhower Administration.
The highway system was to be graded and lane-separated, with at least four lanes and no traffic lights.
Ninety percent of the cost of constructing the system was paid for by the federal government, with the states picking up the remainder.
Trucking has gone through several cycles of regulation and deregulation.
Excessive competition around the time of the Depression led to regulation in the 1930s.