Federal Motor Carrier Safety Administration May 24, 2013 – Federal Register Recent Federal Regulation Documents
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Rescission of Quarterly Financial Reporting Requirements
FMCSA proposes to eliminate the quarterly financial reporting requirements for certain for-hire motor carriers of property (Form QFR) and for-hire motor carriers of passengers (Form MP-1). This paperwork burden can be removed without an adverse impact on safety or the Agency[acute]s ability to maintain effective commercial regulatory oversight over the for-hire trucking and passenger-carrying industries.