* DC - Trucker Group urges Congress to quash arbitrary insurance hikes
-- The Owner-Operator Independent Drivers Association (OOIDA), along with other industry stakeholders sent a letter to Congress this week, urging it to stop the Federal Motor Carrier Safety Administration (FMCSA) increasing federally mandated levels of financial responsibility coverage for property and passenger motor carriers (See ABA report)... The letter was sent to the U.S. House Transportation-HUD Appropriations Subcommittee and signed by national, regional and state associations representing a wide range of transportation entities, including trucking, school buses, motor coaches, agricultural and others... The industry groups signing the letter say the proposed rule would place significant financial burdens on truck fleets without any improvement to highway safety... Todd Spencer, OOIDA’s executive vice president, said, “Many small carriers — some of the safest motor carriers operating on our nation’s highways — will simply be unable to afford or obtain coverage at higher mandated levels” ... He said the FMCSA is responsible for ensuring that undue burden is not placed small businesses and that there is no disruption to transportation services... The letter emphasizes, “The FMCSA’s approach to date has largely ignored these core requirements as well as any need to show data-driven safety benefits from this sweeping rulemaking" ...
Washington, DC, USA - Trucking News - May 1, 2015Labels: rules and regulations, trucking insurances
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