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Through the regulatory looking glass

 

 

http://fleetowner.com/blog/through-regulatory-looking-glassEven as the wrangling begins over President Obama’s executive order altering U.S. immigration law – a move even sympathetic political experts believe is fraught with constitutional danger – the regulatory apparatus of the federal government is gearing up for the new year with a host of efforts that will not only impact trucking but potentially trickle down to affect businesses and consumers as well; particularly where their collective wallets are concerned.

I’ve touch on some of the specific trucking regulations now in the works in this space before, but now we’re going to examine a slew of broader rulemaking efforts underway within the Environmental Protection Agency (EPA) that will no doubt side-swipe trucking in some fashion.

Daniel Krohn, a business research analyst with IBISWorld, pulled together a nice synopsis of five major regulatory broadsides about to be fired by the EPA, designed to hold businesses “more accountable” in the agency’s words for their environmental impact.

Once the EPA finishes revising elements of those five pieces of legislation, IBISWorld’s Kohn believes prices for a wide assortment of goods and services that the energy, construction and mining sectors provide – including natural gas, paints and coatings and nonferrous metals – are going to increase significantly.

“As a result, businesses that are heavily reliant on such goods and services are likely to see their own operational costs rise as their suppliers pass down cost increases,” he warned. “Businesses should develop a strong understanding of these impending legislative changes and what markets they affect to make better purchasing decisions.” Read more…