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.
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.
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.
This notice from the Department of Transportation, denies a petition for rule-making filed by Physicians for Automotive Safety (PAS), asking this agency to mandate the installation of seat belts on all school buses. NHTSA believes that the currently mandated occupant protections in school buses provide an adequate level of safety protection, and that seat belts would not raise the level of protection for the occupants unless States and local jurisdictions were willing to take steps to ensure that the seat belts were actually used.
Transportation has been substantially deregulated over the last 5 years and there is talk of enacting legislation during the 98th Congress to further deregulate transportation or to restore some of the regulation that recent legislation has removed. This mini brief gives an overview of the deregulation already enacted into law, and some of the ideas being considered for further legislation. The brief also refers to some sources for further reading.