MCA, Trucking Business, and Role of Trucking Business in Economy

December 26, 2022 Guest Author

The Motor Carrier Authority (MCA) is a regulatory agency that is responsible for overseeing the trucking business in the United States. Established by Congress in 1935, the MCA is a branch of the Department of Transportation (DOT) and is tasked with ensuring that trucking companies and their drivers comply with federal laws and regulations. One of the main functions of the MC authority is to issue operating authority to freight companies to meet legal demands. In order to obtain operating authority, a trucking company must have a valid USDOT number,…

Car insurance rates and clothing prices affect inflation

February 16, 2018February 14, 2018 H. Cutner

These consumer prices are having a direct impact on the rate of inflation, say economists and analysts. According to recently released American economic data, car insurance rates and clothing prices are impacting the rate of inflation. Not including energy and food, U.S. consumer prices increased by 0.3 percent in January. Food and energy were left out due to their volatility. That most recent price jump represented the fastest monthly increased experienced in a year. The consumer price spike will likely only worsen concerns regarding the financial markets. According to the…