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Books > Social sciences > Politics & government > Central government > Central government policies
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Heavy Traffic - Deregulation, Trade, and Transformation in North American Trucking (Hardcover)
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Heavy Traffic - Deregulation, Trade, and Transformation in North American Trucking (Hardcover)
Series: Canada and International Relations
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Canada and the United States exchange the world's highest level of
bilateral trade, valued at $1.4 billion a day. Two-thirds of this
trade travels on trucks. Heavy Traffic examines the way in which
the regulatory reform of American and Canadian trucking, coupled
with free trade, has internationalized this vital industry. Before
deregulation, restrictive entry rules had fostered two separate
national highway transportation markets, and most international
traffic had to be exchanged at the border. When the United States
deregulated first, the imbalance between its opened market and
Canada's still-restricted one produced a surprisingly difficult
bilateral dispute. American deregulation was motivated by domestic
incentives, but the subsequent Canadian deregulation blended
domestic incentives with transborder rate comparisons and concerns
about trade competitiveness. Daniel Madar shows that deregulation
created a de facto regime of free trade in trucking services.
Removing regulatory barriers has enabled Canadian and American
carriers to follow the expansion of transborder traffic that began
with the Canada-US Free Trade Agreement and continues with NAFTA.
The services available with deregulated trucking have also
supported sweeping changes in industrial logistics. As transborder
traffic has surged, the two countries' carriers - from
billion-dollar corporations to family firms - have exploited the
latitude provided by deregulation. This book is a valuable
contribution to our understanding of the policy processes and
economic conditions that led to trucking deregulation. As a study
in public policy formation and the international effects of reform,
it will be of interest to students and scholars of political
economy, international relations, and transportation.
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