Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; Owner-Operator Independent Drivers Association, Grain Valley, Mo.; CP staff
Citing “insufficient data or information to support moving forward with a rulemaking,” the Federal Motor Carrier Safety Administration (FMCSA) has withdrawn a proposal expanding the scope of commercial motor vehicles warranting a minimum amount of insurance per truck, potentially increasing annual coverage from $750,000 to $4 million.
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