Introduction: Transportation Economic Regulation in Practice

The year 2018 marks the 40th anniversary of the passage of the Airline Deregulation Act of 1978. This legislation launched a concentrated effort to roll back nine decades of U.S. federal economic regulation of rail, truck, air, and other activities. This theme issue of TR News examines how deregulation has played out over the intervening 40 years and what this experience portends for the future. In this introductory article, the history of regulation and deregulation is outlined starting with the Commerce Clause in the U.S. Constitution, the Interstate Commerce Act of 1887 and the establishment of the Interstate Commerce Commission. Regulatory acts of the 1930s included the Motor Carrier Act of 1935 passed to regulate the motor carrier industry and the Civil Aeronautics Act of 1938. The evolution of airline regulation is described including the establishment of the Civil Aeronautics Board. The article concludes with a look at the move to deregulation starting with John F. Kennedy in 1962 and the steps that led to today's greatly diminished regulation of transportation within the U.S.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Illustrations; Photos; References;
  • Pagination: pp 3-8
  • Serial:
    • TR News
    • Issue Number: 315
    • Publisher: Transportation Research Board
    • ISSN: 0738-6826
  • Publication flags:

    Open Access (libre)

Subject/Index Terms

Filing Info

  • Accession Number: 01674082
  • Record Type: Publication
  • Files: TRIS, TRB, ATRI
  • Created Date: Jun 25 2018 9:24AM