Motor Carrier Act of 1980 (MCA)
Term · Insurance and risk management · MLC-T-INS-002242
A federal law that significantly deregulated the trucking industry in the United States. It eased entry restrictions for new carriers, allowed greater pricing flexibility, and reduced the Interstate Commerce Commission's authority over routes and rates. This act fostered increased competition and efficiency within the motor freight sector.
| Identifier | MLC-T-INS-002242 |
|---|---|
| Field | Insurance and risk management |
| Abbreviation | MCA |
Record as JSON
{
"id": "MLC-T-INS-002242",
"term": "Motor Carrier Act of 1980 (MCA)",
"field": "Insurance and risk management",
"definition": "A federal law that significantly deregulated the trucking industry in the United States. It eased entry restrictions for new carriers, allowed greater pricing flexibility, and reduced the Interstate Commerce Commission's authority over routes and rates. This act fostered increased competition and efficiency within the motor freight sector.",
"abbreviation": "MCA",
"url": "https://mlchart.com/terminology/insurance/motor-carrier-act-of-1980-mca/"
}
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