Compliance eats up more time

Sept. 1, 2007
Small transportation businesses are especially hard hit by government regulations, despite federal efforts to reduce cumbersome compliance procedures, according to a stady by the Small Business Research Board (SBRB). The survey, which was co-sponsored by International Profit Associates (IPA), found that 92% of small business owners in the transportation industry are spending more time complying with

Small transportation businesses are especially hard hit by government regulations, despite federal efforts to reduce cumbersome compliance procedures, according to a stady by the Small Business Research Board (SBRB).

The survey, which was co-sponsored by International Profit Associates (IPA), found that 92% of small business owners in the transportation industry are spending more time complying with government regs than they did two years ago.

Overall, 88% of small businesses are spending more time completing compliance requirements. Results from other sectors surveyed include construction and contracting (93%), automotive (90%), retail (90%), distribution and wholesale (85%), manufacturing (83%), and food (80%).

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

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