Unions fixed this issue a long time ago.
Then Reagan de-regulated and lots of companies from right to work states moved in and killed the market. The union shops like Yellow Freight mostly operate in blue states and are profitable.
Then Reagan de-regulated and lots of companies from right to work states moved in and killed the market. The union shops like Yellow Freight mostly operate in blue states and are profitable.
Plus, the way it was regulated makes modern regulatory capture look consumer friendly. If you wanted to start a trucking company, you had to submit a business plan with a list of committed customers and already set in stone pricing. The Feds would literally hand your plan to everyone with a route in the region, give them a few months to review it and then your potential competitors got to vote on whether you should be allowed to operate that route. Predictably, it was basically just outsourced sales for the exiting companies.