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FASB, IASB expected to enact simpler rules with limited impact on truck and trailer leasing
, By Rick Weber

PROPOSED changes in the lease accounting standards by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB)...

CVSA criticizes proposed HOS
changes as being too complex

In recently submitted comments on the Federal Motor Carrier Safety Administration (FMCSA) notice of proposed rulemaking (NPRM) on hours of service (HOS) for commercial drivers, CVSA indicated if implemented the proposed rules could have the unintended consequence of reducing overall commercial motor vehicle (CMV) and motorist safety. According to CVSA, the changes could make roadside enforcement more complex and open the door toward more drivers falsifying their records. ...

Variety of groups pan proposed HOS rule

Reviews are in on the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule, and from shippers to law enforcement agencies, organizations are panning the agency’s proposal:...

Bipartisan group calls for abandoning
proposed hours-of-service rule changes

A bipartisan group of US congressmen and senators have called on the Obama Administration to abandon its hours-of-service proposal and retain the current, effective safety rules....

ATA urges Obama Administration
to open access to energy assets

With world events showing the importance of energy independence, the American Trucking Associations called on the Obama Administration to stop blocking access to US-held energy assets....

CEI blasts proposed hours-of-service rule

The Federal Motor Carrier Safety Administration (FMCSA) has proposed a new hours-of-service (HOS) rule for commercial motor vehicle drivers. The rule would increase restrictions on the number of hours that truckers and other commercial drivers can work. One proposed change currently being debated is a drop in the maximum driving hours within driving windows from 11 hours to 10....

SETA reintroduction would let states
raise Interstate weight limits for trucks

The Coalition for Transportation Productivity (CTP), a group of more than 180 shippers and associations dedicated to responsibly increasing federal weight limits on Interstate highways, announced that federal truck weight reform known as the Safe and Efficient Transportation Act (SETA) has been reintroduced in the US House of Representatives by Reps Mike Michaud (D-ME) and Jean Schmidt (R-OH) as HR 763. ...

ATA supports proposed ban on use
of hand-held mobile phones by drivers

The American Trucking Associations announced its support of the Federal Motor Carrier Safety Administration’s proposed prohibition on the use of hand-held mobile phones, though it urged the agency to allow the use of hands-free devices, citing agency research demonstrating the net safety benefits of such devices. ...

Researcher contends FMCSA misused his work to support HOS changes

A prominent researcher who worked directly on the primary scientific studies that the Federal Motor Carrier Safety Administration used to support its proposed changes to the current hours-of-service (HOS) rules said the agency misapplied those studies’ findings....

US-Mexico cross-border trucking agreement commended by ATA

The American Trucking Associations said it supports the announcement of an agreement in principle between the governments of the United States and Mexico to implement the long-delayed cross-border trucking provisions of the North American Free Trade Agreement....

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