Nov 27, 2019 at 07:54 AM CST
|
|
---|---|
Nearly 40 years ago, mileage replaced weight as the top-used valuation for freight rates after the Motor Carrier Act of 1980 opened the floodgates of competition. The Interstate Commerce Commission (ICC) no longer granted carriers operating authority for lanes with rate structures based on the poundage or “hundredweight” by freight type. |