How a 1980 law slashed truck driver pay, boosted big-box retail - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

How a little-known 1980 law slashed pay for millions of truck drivers and created big-box retail as we know it

That slammed drivers' wages, as trucking companies were forced to begin slashing payrolls to keep up with new industry entrants.

That ease of entry meant everything to people like Franklin Morales, who runs an 85-truck fleet in Newark, New Jersey. That's why the now bankrupt mega-retailer Sears stationed its distribution centers near America's railways during its peak in the mid-20th century, Viscelli told Business Insider. The Sears catalog, which first arrived in American mailboxes, contained hundreds of pages of products that took weeks to get to a customer's doorstep. Rail was slow, but moving a wide variety of goods by truck was too complicated to be workable.

Spurred by this new opportunity in supply-chain design, Walmart grew far beyond its original business model, offering rural Americans low-cost goods. ItLocal truck drivers have largely been replaced by drivers traversing the US with 53-foot trailers full of goods for manufacturers or distribution centers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside TikTok star Dixie D'Amelio's music business, making 'Be Happy' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TikTok is a China spy app!!! Don't use it. BanTiktok You dont need major record label nowadays.. You can literally record it at home, and as long as you have the croud just like she did, the song will be doing well
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside TikTok star Dixie D'Amelio's music business, making 'Be Happy' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the life and career of Robert Mercer, a former Trump mega donor - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Publicly absent. Mr. Mercer should pay his taxes instead of throwing money at politicians. seen Trump's true colors for what he really is
Source: BusinessInsider - 🏆 729. / 51 Read more »

4 other looming relief-program expirations as $600 UI boost runs out - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BlogOlhoNaMira Nos States também tem os 600 mangos Important items going to affect many people's lives. Some businesses, like mine, remain CLOSED. Others have closed their doors forever. It's not the employee's fault. hospitality and tourism will never be the same until vaccine senatemajldr you are at-bat. Rooting for you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ben & Jerry's and Magnum boost Unilever's at-home ice cream sales - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »