Federal Motor Carrier Safety Administration May 24, 2013 – Federal Register Recent Federal Regulation Documents

Rescission of Quarterly Financial Reporting Requirements
Document Number: 2013-12339
Type: Proposed Rule
Date: 2013-05-24
Agency: Federal Motor Carrier Safety Administration, Department of Transportation
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.