The Federal Motor Carrier Safety Administration announced its final rule to harmonize its regulations with a Surface Transportation Board order that requires certain information about a household goods motor carrier’s liability to appear on the estimates and bills of lading it must provide to individual shippers.
STB has required a released rates valuation statement and any charges for optional valuation coverage on the HHG provider’s estimates and bills of lading. STB’s required released rates may be increased annually by a mover based on the U.S. Department of Commerce’s Cost of Living Adjustment.
The final rule is effective May 15. For more information, go to www.regulations.gov; the docket number is FMCSA-2012-0101.
"Until a formal regulation is established with clear guidelines and borders ...