On the other hand, if the price of that ticket dropped from $400 to $360, we wouldn't see a 10% increase in passenger volume. The set of people who will fly somewhere for $360, but won't for $400 is tiny.
I posit that trucking is in the latter, rather then the former category. It's already cheap.
I disagree. Given companies like Amazon, it is currently not cheap enough. I would argue that it will take longer before it's 'cheap'. The appetite for 'free shipping' is still growing and it's very different from the demand for airplane tickets. Kind of like with your electricity example, you're missing parts of the big picture.
But what percentage do trucking expenses make, of their overall sales receipts?
Will their sales double if the cost of trucking drops by a third?
Yes I could be wrong but I feel further lowering the costs of long distance trucking would help increase eccomerce sales for retailers which in turn would further increase demand for it
Possibly since not all my cars are electric yet.
You can also see this happening for other resources
https://www.gatesnotes.com/Books/Making-the-Modern-World