As is often the case with rulemakings, publication date for the Federal Motor Carrier Safety Administration’s proposed rule on mandated speed limiters for trucks has been pushed back from spring to the end of the summer, and may very well be pushed back again to an even later date.
The U.S. Department of Transportation has the second highest number of pending rules of any agency other than the Department of Health and Human Services, which has the most, according to a government regulation website.
It’s been a year since the proposed rule to mandate speed limiters on trucks (probably at 65 mph although the exact speed is unknown at this time) was sent to the Office of Management and Budget.
This rulemaking was a joint effort by the Federal Motor Carrier Safety Administration and the National Highway Traffic Safety Administration.
John Larkin, managing director and head of transportation capital markets research at Stifel, Nicolaus and Co., told delegates at a recent Truckload Carriers Association Annual Convention that rulemakings such as the speed limiter mandate, ELDs and more rigorous medical check-ups may shrink the number of compliant carriers.