Hours Plan May Cost Trucking $19B

The Department of Transportation’s proposed hours-of-service regulations would cost trucking nearly six times more than DOT estimates, according to a new industry study.

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The federal agency pegs the expected cost of implementing its 273-page proposal at $3.4 billion.

A study conducted for American Trucking Associations by National Economic Research Associates puts the cost figure at $19.1 billion — $15.7 billion higher than DOT’s estimate.

ATA released the report from NERA, a San Francisco consulting firm, Aug. 15.

DOT believes costs to trucking and the public would be outweighed by $6.8 billion in benefits, such as fewer crashes, fatalities and injuries over a 10-year period.

For the full story, see the Aug. 21 print edition of Transport Topics. Subscribe today.