Funny money

Most of the proposed ELD rule’s supposed benefits are meaningless

In all the talk over driver harassment and level playing fields, the trucking industry is largely overlooking the costs of the Federal Motor Carrier Safety Administration’s proposed rule to mandate electronic logging devices (ELDs).  The agency’s preliminary regulatory evaluation estimates the annualized cost of its proposal at $1.58 billion and benefits at more than $2 billion a year for annualized net benefits of more than $450 million.

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