Trucking Matures Flashcards
Trucking Matures
In 2020 the trucking industry hauled __% of freight transported in the U.S.
72.5%
Book Page 9
Trucking Matures
U.S. Department of Transportation was established by an act of congress in (year)
1966
Book Page 8
Trucking Matures
Who has control of all transportation safety matters, including the family car
Department of Transportation
Book Page 8
Trucking Matures
Between ___ and ___ (years)the number of licensed motor carriers more than double to over 40,000
1980 and 1990
Book Page 8
Trucking Matures
As of ___ ___ (month, year), there are 1.89 million for-hire, private and other interstate motor carriers doing business in the U.S.
February 2021
Book Page 9
Trucking Matures
Using the ___ modal, manufacturers and retailers alike are now able to keep inventory levels lower, ordering only what they need for the next few days or weeks, confident their materials will be delivered quickly
JIT
Book Page 9
Trucking Matures
Following a wave of deregulation of other transportation modes, the ___ ____ ___ ___ ___ defined and refocused trucking regulations
Motor Carrier Act of 1980
Book page 8
Trucking Matures
Rates, referred to as tariffs, no longer faced stiff federal scrutiny provided they fluctuate in a ___ ___ _____
zone of reasonableness
Book page 8
Trucking Matures
These improved service levels have revolutionized the manufacturing and retail sector of the ___ ____, giving rise to the just-in-time inventory modal
U.S. economy
Book page 9
Between 1980 and 1990 the number of licensed motor carriers more than double to over ___
40,000
Book Page 8
In 2020 the trucking industry hauled ____ ___ tons of freight transported in the U.S.
10.23 billion tons
page 9
In 2020 the trucking industry hauled ____% of the nation’s freight bill transported in the U.S.
80.4%
page 9
In 2020 the trucking industry was a $____ industry
723.3 Billion
page 9
