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2014

New Engine Standards Will Leave Trucking Industry on the Side of the Road

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GRAIN VALLEY, Mo., Nov. 19 /PRNewswire/ -- The Owner-Operator Independent Drivers Association (OOIDA) is asking U.S. policymakers to step up and take action in response to new research predicting a dramatic drop in new truck and engine purchases which will ultimately lead to a break down in the trucking industry.

NERA Economic Consulting released a study detailing implications for the 2010 emission requirements for diesel engines indicating truckers and fleet managers will ultimately decide to not buy updated equipment because of financial reasons and user uncertainties. This will mean huge job losses for truck manufacturers and their suppliers, and a lack of choices for trucking equipment consumers of all sizes.

"With record-high diesel fuel prices earlier this year, trucking companies have already faced nearly insurmountable challenges trying to stay in business," said Todd Spencer, Executive Vice President of OOIDA. "It's the worst possible time for the trucking industry to take on a high stakes gamble with no known level of reliability of the technologies or return on investment."

The Association would like the Administration and Congress to push for a restructured timeline, phasing in the new emission standards to allow ample breathing room and build confidence within the trucking industry. This would provide time to prove the worthiness of new engines, give the economy an opportunity to recover and explore new fuel alternatives.

"With more time, the solutions will become much clearer and environmentally much cleaner," added Spencer. "Otherwise, there will be a delay in the intended environmental benefit because there is a disincentive to purchasing the new technology."

The NERA report is an update to a previous study in January of 2005 in anticipation of similar emission requirements in 2007. In 2010, truck engines will be required to comply with more stringent emission standards for nitrogen oxide (NOx). Various technologies are being developed and tested by engine and truck manufacturers to meet these standards.

    This is a link to the full report
(http://www.ooida.com/Documents/NERA_2010_NOx_Standard_Report.pdf) or an
executive summary of the report.
(http://www.ooida.com/Documents/NERA_2010_NOx_Standard_Executive_Summary.pdf)

The Owner-Operator Independent Drivers Association is the national trade association representing the interests of small-business trucking professionals and professional truck drivers. OOIDA was established in 1973 and is headquartered in the greater Kansas City, Mo. area. The Association currently has more than 160,000 members from all 50 states and Canada.

SOURCE Owner-Operator Independent Drivers Association



RELATED LINKS
http://www.ooida.com

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