Three things in life seem certain: Death, taxes, and new trucking regulations. Below is a roundup of the new rules that Congress is considering that could affect your wallet the most.
What is it? Requires the use of electronic logging devices (ELDs) installed in trucks for all HOS logs rather than the regular paper logs. The latest version of the rule includes measures to prevent driver harassment.
When could it happen? DOT expects the Final Rule to be published on Sept. 30. If that happens, carriers would have until October 2017 to comply.
Click here for more info on driver e-logs
What is it? This would require the installation of speed limiting devices on heavy trucks.
When could it happen? A Notice of Proposed Rulemaking is coming soon, which is expected to say what the limit limit and whether the rule will apply to trucks already in use or just new ones. After that would be a public comment period.
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What is it? The FMCSA published an Advanced Notice of Proposed Rulemaking back in December that recommended raising the minimum “financial responsibility” for carriers. For most small carriers and owner-operators, that means liability insurance. The current minimum is $750,000 for general freight. The ANPR doesn’t suggest a new minimum, but the FMCSA has said that the new minimum could be anywhere from $1.6 million to $3.2 million.
When could it happen? To be determined. Public comment on the proposed rule ended in February.
Click here for more info on liability insurance
Carrier Safety Fitness Determination
What is it? This would let the FMCSA assign safety scores that aren’t based on other carriers’ violations, unlike how CSA scores work. A carrier’s SFD could be based on BASIC scores, investigations, and/or on-road safety information. These scores would be another method the FMCSA would use to determine at-risk carrier interventions.
When could it happen? A Final Rule is expected to be published on Sept. 30.
Click here for more info on carrier safety scores