Abstract

Motor-carrier safety is a critical and challenging issue in the US motorcarrier industry. Despite the vast safety improvements in the industry, a continuing challenge is the economic costs associated with regulatory oversight of safety inspection programs. The purpose of this article is to compute the costs and associated benefits of the Federal Motor Carrier Safety Administration’s driver and vehicle inspection program of commercial motor vehicles in the 10,001- to 26,000-lb category. Our analysis reveals that for every dollar spent in program costs, the benefits are $8.86.

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Additional Information

ISSN
2157-328X
Print ISSN
0041-1612
Pages
pp. 117-142
Launched on MUSE
2014-04-17
Open Access
No
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