A Motor Carrier Joint Cost Function. A Flexible Functional Form with Activity Prices

A Motor Carrier Joint Cost Function. A Flexible Functional Form with Activity Prices

The methodology used in this paper for estimating the costs of motor carriers is found to be remarkably successful. Smaller carriers need to grow, and specialist firms need to diversify. All carriers should be allowed to carry less-than-truckload as well as truckload traffic.

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