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Deregulation of Motor Carrier Industry
Date Submitted: 10/06/2004 05:11:08
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Deregulation of the Motor Carrier Industry:
A Study of LTL Management Size, Structure, and Organization
Congress passed the Motor Carrier Act(MCA) of 1980, to introduce greater competition
in the motor carrier industry through significant reductions in entry barriers and price restrictions.
While there has been lots of research into the impacts of motor carrier deregulation, little attention
has been given to the effects of deregulation on management characteristics and structure. Some
recent work, however,
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and the number of
functions represented. It is also noteworthy that there is a positive relationship between
management turnover, an indication of changes in the management team and firm performance.
Firm performance is obviously affected by several factors other than size and composition of
management teams. Indications are however, that changes in the size, characteristics, and
structure of management deserve acute consideration in evaluating the overall response by
management to its new economic environment. (4)
(10)
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