10/31/2026
Ever wonder why freight rates fluctuate like the stock market today? 📈📉
Before 1980, the Interstate Commerce Commission (ICC) set fixed rates for every single route. Shipping wasn’t dynamic—it was strictly regulated. Everything changed when President Jimmy Carter signed the Motor Carrier Act of 1980, deregulating the industry, opening up free-market competition, and paving the way for the modern spot market we navigate today.
Understanding where the market came from is how you win in today’s economy. 🚛⚡