Business Magazine

ELD Mandate Severely Impacts Short Term Truck Renters Financially

Posted on the 04 April 2017 by Ryderexchange

In March, the Truck Renting and Leasing Association, (TRALA) filed a petition that addresses the new Electronic Logging Device (ELD) mandate that goes into effect on December 19, 2017, and its impact on short-term truck rentals.

The filed petition requests an exemption for commercial motor vehicles rented for 30 days or less, as the requirements of the mandate will impose significant burdens on businesses. Currently, the mandate requires businesses that use short-term rentals (even just a few times per year) to purchase ELDs as well as annual telematics subscriptions for each short term rental - increasing your cost to operate by thousands of dollars. This will impact seasonal and non-seasonal businesses of all sizes including catering and event companies, manufacturers, pyrotechnics, growers/nurseries, and many others.

By allowing drivers of short-term rentals to continue to operate with paper records of duty status, short term renters will comply with all federal and state hours of service regulations, and continue to operate efficiently and safely.

You can submit comments to this petition by clicking here.

We have also drafted a letter that can be used as a template for you to download, fill in your company information, and send to FMCSA in support of the petition. Your urgent support is appreciated, as the letter must be delivered by April 21, 2017.

At Ryder, we have been fully engaged in this effort since the mandate was published in 2015 because of our concern about the negative impact this will have on our customers' operating costs. Thank you in advance for your support of this important effort.

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