Compliance, Financial 14 Jan 2025 compliance, business regulation, motor carriers, administrative practice and procedure, civil monetary penalties, transportation industry, surface transportation, freight forwarders, brokers, inflation

📈2025 Civil Monetary Penalty Adjustments by the Surface Transportation Board

The Surface Transportation Board (Board) is issuing a final rule to implement the annual inflationary adjustment to its civil monetary penalties, pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Learn More
Regulatory Compliance, Trade Agreement 13 Jan 2025 regulations, motor carriers, customs duties and inspection, reporting and recordkeeping requirements, freight, vessels, exports, mexico, trade compliance, laboratories, surety bonds, canada, common carriers, export laws, international boundaries, railroads, u.s. customs and border protection, rail cargo

🚂New Regulations for Rail Cargo Export Manifest Submission

This document proposes a new regulation pursuant to the Trade Act of 2002 requiring the submission of export manifest data electronically to U.S. Customs and Border Protection (CBP) in the Automated Commercial Environment (ACE) for cargo transported by rail for any train departing the United States. The proposed regulation would mandate the electronic transmission of rail export manifest information, identify the parties eligible to transmit information, and describe the time frames prior to departure of the train in which the information is due. This rule would enable CBP to address important cargo security concerns while providing efficiencies to the trade.

Learn More
Regulatory Changes, Compliance, Financial Requirements 10 Jan 2025 compliance, transportation, motor carriers, administrative practice and procedure, reporting and recordkeeping requirements, motor vehicle safety, intergovernmental relations, penalties, safety regulations, highway safety, freight forwarders, brokers, financial responsibility, hazardous materials transportation, highways and roads, parking, radioactive materials, rubber and rubber products

🚛Implications of New FMCSA Regulations for Motor Carriers and Brokers

In a final rule published in the Federal Register on November 18, 2024, FMCSA amended its regulations by making technical corrections throughout the Federal Motor Carrier Safety Regulations (FMCSRs). The final rule included an amendatory instruction to revise a stayed section without first lifting the stay. The final rule also included an amendatory instruction which referenced an incorrect paragraph letter. The Agency corrects these errors.

Learn More
Compliance, Financial Regulations 8 Jan 2025 compliance, motor carriers, finance, surface transportation, acquisition, minnesota

🚍Transportation Board Approves Acquisition of Minnesota Motor Carriers

TIP Minnesota Coaches Acquisition LLC, TIP MN Investments LP, and Tiger Infrastructure Partners Fund IV AIV LP (Applicants) filed an application seeking authority to acquire control of seven interstate passenger motor carriers: Marschall Line, Inc. (Marschall Line), Minnesota Coaches, Inc. (Minnesota Coaches), Rehbein Transit Co., Inc. (Rehbein), Ready Bus Company Inc. (Ready Bus), Voyageur Bus Company, Inc. (Voyageur Bus), Minn-Dakota Coaches, Inc. (Minn-Dakota), and Faribault Transportation Service, Inc. (FTS) (collectively, the Subject Carriers). The Board is tentatively approving and authorizing the transaction. If no opposing comments are timely filed, this notice will be the final Board action.

Learn More
Compliance Requirements, Regulatory Updates 6 Jan 2025 compliance, regulations, motor carriers, fmcsa, freight forwarders, insurance requirements, brokers, financial responsibility

🚛FMCSA Announces Financial Responsibility Requirements for Carriers

In accordance with the Paperwork Reduction Act of 1995, FMCSA announces its plan to submit the Information Collection Request (ICR) described below to the Office of Management and Budget (OMB) for its review and approval and invites public comment. FMCSA requests approval to renew an ICR titled, "Financial Responsibility Motor Carriers, Freight Forwarders, and Brokers." The purpose of this ICR is to provide registered motor carriers, property brokers, and freight forwarders a means of meeting financial responsibility filing requirements. This ICR sets forth the financial responsibility documentation requirements for motor carriers, freight forwarders, and brokers as a result of Agency jurisdictional statutes.

Learn More