"...abolishing remaining...federal controls would save shippers ~$28B/yr....state regulation[s]...another $5-12B."
https://twitter.com/paulg/status/676478723915276288 …
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Replying to @zackkanter
"Products exempt from regulation moved at rates 20-40% below those for the same products subject to ICC controls." http://www.econlib.org/library/Enc1/TruckingDeregulation.html …
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Replying to @zackkanter
Shipping "charges in the highly regulated countries were 75 percent higher than in the nations with freer markets." http://www.econlib.org/library/Enc1/TruckingDeregulation.html …
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Replying to @zackkanter
"Teamsters & American Trucking Associations strongly opposed deregulation & successfully headed off efforts to [completely deregulate]."
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Replying to @zackkanter
Partial "deregulation has worked well...rates charged carriers fell as much as 10-20%...quality improved as well."
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Result of strict state regs is that shipping same goods from overseas is cheaper than shipping within the US. (!!!) http://www.econlib.org/library/Enc1/TruckingDeregulation.html …
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