Compare and contrast pure competition with monopoly from a pricing perspective. If you were a shipper, which would you prefer? Why? Which would a carrier prefer?
Answer to relevant QuestionsWhy were tariffs created? Are they still useful in today’s transportation environment? What are the major forces that affect carrier pricing strategies? What are the major issues facing motor carriers as we approach the twenty first century? How should these issues be addressed? Describe how fuel and labor have impacted motor carrier cost structures and how they have altered motor carrier operations. Railroads have abandoned a significant number of miles of track (over 260,000 miles) since 1916. Why has this trend developed? Will it continue into the future? Why or why not?
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