THE EFFECTS OF MOTOR CARRIER DEREGULATION: A STOCK MARKET PERSPECTIVE

A before and after study of motor carrier stocks was undertaken to evaluate the economic impact of the Motor Carrier Act of 1980 on the theory that, if the law affected the ability of motor carriers to generate future net cash inflows, this would be reflected in motor carrier share prices. The results suggest that the stock market views motor carrier deregulation as providing a net positive benefit for motor carriers in general, large carriers more favorably than small, and specialized carriers more favorably than generalized commodities carriers. However it does not view diversified carriers any more favorably than nondiversified ones.

• Supplemental Notes:
  • Proceedings of the 23rd Annual Meeting, Theme: Developing Concinnity in Transportation, held at Fairmont Hotel, New Orleans, La., October 28-30, 1982.
• Corporate Authors:

  Cross (Richard B) Company

  Oxford, Indiana,   United States  47971
• Authors:
  • Morash, E A
  • Enis, C
• Publication Date: 1982

Media Info

• Features: Tables;
• Pagination: p. 265-271
• Serial:
  • Transportation Research Forum Proceedings
  • Volume: 23
  • Issue Number: 1
  • Publisher: Cross (Richard B) Company

Subject/Index Terms

• TRT Terms: Before and after studies; Deregulation; Economic impacts; Impact studies; Laws; Motor carriers
• Subject Areas: Administration and Management; Economics; Highways; Law; Motor Carriers; Planning and Forecasting; Society; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00370488
• Record Type: Publication
• Report/Paper Numbers: Proceeding
• Files: TRIS
• Created Date: Mar 31 1983 12:00AM