In 2011 the us trucking industry faced the following, Ask an Expert

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In 2011 the US trucking industry faced the following economic conditions: (i) At last the US economy was recovering from a prolonged slump during which trucking had shrunk its capacity by 14%, (ii) the government instituted new regulations imposing more frequent inspections and restricting operators' daily driving hours, and (iii) year over year, diesel fuel prices were up by 9%. What overall impact do you predict on industry output (measured in total volume and miles of goods transported) and trucking rates?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91275983

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