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Re: Plugger301 post# 170286

Wednesday, 11/12/2003 8:02:23 AM

Wednesday, November 12, 2003 8:02:23 AM

Post# of 704019
07:45 ET New safety rules on trucking will likely increase costs -- WSJ : The Wall Street Journal reports trucking rates are expected to increase along with major changes to truck-driver hours. The article notes the new rules increase the time that truck drivers must set aside to rest in each 24-hour period to 10 hours from eight hours, and the total time a driver can be on duty will fall to 14 hours from 15 hours. The government estimates the new rules could cost trucking companies about $1.3 billion a year. Wal-Mart Stores, which unsuccessfully opposed the new rules, believes the more stringent 14-hour rule will reduce its drivers' daily work time by 6% on average and cause it to add 275 new drivers and 300 new trucks to handle the same amount of cargo. The retailer expects the changes to cost it $24 million just for the additional trucks

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