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Independent Trucker Group Pushes for Reduced Regulations

| October 8, 2017

Reduced Regulations

The Owner-Operator Independent Drivers Association (OOIDA), an organization that represents small-business truckers, supports the Administration’s continued push for reduced regulations.

A recent announcement from the Administration said that it is crucial to separate the intention of regulations from their actual impact on the economy and that excessive regulations have unnecessary costs with few benefits.

“The ELD mandate is estimated to cost impacted stakeholders more than $2 billion, making it one of the most expensive federal transportation rulemakings over the last decade,” said Todd Spencer, executive vice president of OOIDA. “This is a massive, unfunded mandate that provides no safety, economic, or productivity benefits for most ensnared by the mandate.”

The organization noted that small businesses disproportionately bear the cost of complying with regulations and that rather than encouraging business development and investment, excessive regulation discourages small-business growth through the higher burden of regulation.

In keeping with OOIDA’s Knock Out Bad Regs campaign, OOIDA encourages members to share their concerns and detail why reduced regulations will promote growth.

“A healthy sector of small-business trucking is good for the economy and good for consumers and should be given tools to grow,” said Spencer.

The Owner-Operator Independent Drivers Association is the only national trade association representing the interests of small-business trucking professionals and professional truck drivers. The Association currently has more than 158,000 members nationwide. OOIDA was established in 1973 and is headquartered in the Greater Kansas City, Mo., area.

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Category: General Update, News

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