🚛FMCSA Reopens Comment Period on Property Broker Transparency NPRM
Transparency in Property Broker Transactions
Summary
FMCSA reopens the comment period for its November 20, 2024, NPRM. FMCSA received a request for a reopening of the comment period from the Small Business in Transportation Coalition (SBTC). The Agency finds it is appropriate to reopen the comment period to provide interested parties additional time to submit their responses to the NPRM. Therefore, the Agency reopens the comment period for 30 days.
Agencies
- Transportation Department
- Federal Motor Carrier Safety Administration
Business Impact
$$ - Med
The reopening of the comment period for the NPRM regarding "Transparency in Property Broker Transactions" indicates regulatory changes that may affect how property brokers and motor carriers operate. Compliance with potential new rules conveying transparency in transactions will be critical for businesses in the transportation sector. This directly impacts operations and risk management.