FACTORING BLOG

Unified Registration System

Unified Registration SystemFMCSA will publish a Federal Register Notice in October 2015 that will provide details on the updated implementation timeline.

A Brief Overview of the Unified Registration System

The Federal Motor Carrier Administration (FMCSA) has recently published a final rule that combines various forms that carriers, freight forwarders and brokers currently use to register their information with the FMCSA into a single, electronic “smart form.”

According to the FMCSA, the new Unified Registration System (URS) will increase efficiency by streamlining the registration process, enabling FMCSA to record more accurate information.  It will also save the industry and FMCSA approximately $9 million from time and fees over a 10-year period.

Important Date

FMCSA will publish a Federal Register Notice in October regarding a regulatory extension to provide sufficient time for the Agency to launch the new URS website and implement multiple provisions that were to be effective on October 23, 2015.

Read More

To read more about the URS, you can visit the FMCSA’s official website here.

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