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The report analyzes potential market results and associated impacts that might come from removing restrictions which prevent independent truckers (or 'owner-operators') of exempt agricultural commodities from hauling non-exempt 'general commodities' except as lessors to regulated carriers. The issue emerges at a time when the close control of entry and pricing which has characterized transportation regulation is coming under serious public challenge. The Interstate Commerce Commission (ICC) has relaxed its control of entry into the trucking business and is actively considering the virtual deregulation of some segments of the industry. Total deregulation of transportation is an explicit goal of the Carter Administration.