HERE’S WHAT HISTORY TEACHES US
TRUCKING IS RIGGED AGAINST TRUCKERS
Long-haul trucking is a zero-sum game between large trucking companies and the larger shippers—manufacturers, distributors, and retailers. But the game is rigged to subjugate trucking companies and take from them price control. Trucking companies, large and small, are powerless to affect change.
Fleet owners are cheated out of billions of dollars every year. Long haul truck drivers (LHTDs) are exploited for their time and labor and stripped of their wealth while giving twenty years [of their life] more than is necessary, for a worse outcome.
The Motor Carrier Act (MCA) of 1935 outlawed competition, suppressing growth, and limiting the revenue of trucking companies. The MCA of 1980 incited excessive competition to force a change in market structure to Perfect Competition.
Long haul trucking is plagued with problems that no one can solve, like the driver shortage, and its forty year old system for moving freight is unable to benefit from blockchain technology nor aid the arrival of electric trucks and driverless vehicles.