Important FMCSA Rulemaking May Still Make it in 2014

Published: Jun 17, 2014
A new DOT report shows that certain long-debated rulemakings might still be adopted by the end of the year. Among them are “the use of speed limiters in trucks, raising the minimum liability insurance for carriers and implementing a more complete and direct federal safety scoring system.”

The Federal Motor Carrier Safety Association (FMCSA) is still trying to raise the minimum amount of liability insurance by November. Currently at $750,000, the minimum coverage will be raised “to a higher but still undetermined amount.”

Another rule that awaits adoption is the Safety Fitness Determination, which will allow the FMCSA “to use a data set similar to the one it uses for its Compliance, Safety, Accountability program’s Safety Measurement System rankings to produce an actual score for carriers.”

One rule, however, will be delayed, namely, the use of speed limiters in heavy trucks. The proposed rule will be published on Oct. 23, but there is still no word on the mandated limit.

Read the full article in the Commercial Carrier Journal.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.