1967:
The Department of Transportation was created.
1980:
The Motor Carrier Act of 1980 partially deregulated the trucking industry. Â Over the decade, trucking competition became fierce. Â Hundreds of new carriers popped up.
1982:
The Surface Transportation Act of 1982 set uniform size and weight limits for the trucking industry. Â Under the Act, trucks that use interstate highways could not exceed 80,000 pounds.
Ten years after deregulation, one third of the largest 100 trucing companies went out of business.