delete PART 1035—BILLS OF LADING
Mandates standardized straight and order bills of lading for interstate rail/water carriers, prescribing specific forms and uniform terms covering carrier liability, claims procedures, storage, sale of unclaimed goods, and other conditions of carriage.
DELETE: This federal intrusion into private contracting imposes a one-size-fits-all template, stifling voluntary negotiation and market-determined terms. It reflects regulatory capture by embedding carrier-friendly liability limits that would face market discipline if parties could freely contract. Hidden costs include reduced competition, federal overreach into state contract law, and barriers to entry as smaller carriers cannot differentiate through customized agreements—all unseen distortions contributing to the $2 trillion regulatory burden.