Earlier quoted context omitted.
In an Efficent market it's to buyers not the industry that pays for regulation. The only way raising rates hurts an industry is when it reduces demand. Full disclosure I have relatives that own and operate a fairly large shipping company they really don't care about industry wide effects like fuel costs. Thinks like software integration with their customers are compeditive advantages, regulation just gets passed alon…
I'm not exactly sure what you're saying. Regulatory capture and efficient markets can't coexist. (My impression of regulatory capture on this matter comes from the OP, it's the first I've really heard of this safety issue.) I already explained in my above post that it is society at large that is currently paying for this with death and destruction on the highways. And that's why this is such a barbaric position. Say…
Suppose 1/3 of shipping cost is fuel and suddenly that increases by 100%. That's a 33% increase in cost. And with 3% margins no shipping company can eat that. So, the industry raises prices by 33%. OMFG that's got to have a huge impact right?
Now step back, If a 3 percent of a TV's cost is shipping that increases 33% to 4% then the TV now costs ~1% extra which has minimal impact on demand. So, people are shipping about as many TV's.
Net result increases in costs only impact customers when shipping is a major component in the total cost. Which is fairly rare. In the end the industry is tied to the overall economy much more than there specific costs.