FreightWaves Classics: Trucking companies’ names range from A to Z (Chapter 13) A Buske Logistics truck making a haul. (Photo: Jim Allen/FreightWaves)
Deregulation of the U.S. trucking industry began in the late 1970s. Congress passed the Motor Carrier Act of 1980 and it was signed into law by President Carter on July 1, 1980. This ended 45 years of onerous regulation by the federal Interstate Commerce Commission (ICC).
One of the most dramatic changes that occurred due to deregulation was the virtual explosion in the number of trucking firms. From 1980 to 1990, the number of licensed carriers doubled – from fewer than 20,000 to more than 40,000!
End of the road: How the plans for a Middlesbrough snow centre unravelled
It was hoped it would bring jobs and investment to Middlesbrough but hopes of a snow centre now lie in tatters
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It had been hailed as a game-changer that would transform a patch of waste ground in Middlehaven into a premier tourist attraction for Teesside .