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Independent Truckers: The Effects of Recent Legislation on Earnings (Effects of the Surface Transportation Assistance Act of 1982 and the Department of Transportation and Related Agencies Appropriations Act, 1983, as they affect highway-related taxes, two trailers, length and width of vehicles, and weights and loads)
Congress passed legislation late in 1982 that is expected to have a significant effect on the annual net earnings of independent truckers. About 90 percent of fresh produce, most used household goods, and from one-third to one-half of all fabricated steel and other commodities transported by truck are hauled by independent truckers. The legislation raised the Federal fuel tax by 5 cents per gallon and significantly raised a highway use tax that is based on the weight of the vehicle. The legislation also allowed truckers to use two trailers, longer and wider vehicles, and carry heavier loads. This CRS report discusses these 1982 changes in Federal legislation. It also contains an estimate of the upper and lower bound of the impact that these changes could have on the annual net earnings of independent truckers.
The General Motors-Toyota Joint Venture and Its Competitive Implications
This report reviews the economics of joint ventures by focusing on their implication for market competition. It also reviews the legislative history of mergers and joint ventures with special emphasis on aspects of the law that are directed at reducing market concentration.
The FTC's Used Car Rule
This report discusses the Federal Trade Commission's (FTC) used car rule, which aims to prevent and discourage oral misrepresentations and deceptive omissions of material facts by those selling used cars concerning warranty coverage and mechanical condition.
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