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A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
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This picture illustrates a variety of transportation systems: public transportation; private vehicle road use; and rail. Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. [1]
A truck with a bucket-like cargo area which the front can be raised, hinging on the rear, allowing the load to slide ("dump") out of the cargo area. Often a straight truck, semi-trailers are also common. Flatbeds and refuse container trucks can often "dump", but are rarely called that. [3] Eighteen-wheeler
Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United ...
In 2014, freight transportation establishments serving for-hire transportation and warehousing operations employed nearly 4.6 million workers and comprised 9.5 percent of the Nation's economic activity as measured by GDP. Truck driving is by far the largest freight transportation occupation, with approximately 2.83 million truck drivers.
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Truck wages are wages paid not in conventional money but instead in the form of payment in kind (i.e. commodities, including goods and/or services); credit with retailers; or a money substitute, such as scrip, chits, vouchers or tokens. Truck wages are a characteristic of a truck system, and are banned by the labour legislation of many countries.