The Federal Motor Carrier Safety Administration (“FMCSA”) requires motor carriers to update their company information with the FMCSA by filing the MCS-150 form. This form is due either every two years (known as a biennial update), or when there are changes to the company or if it is no longer operating as an interstate carrier. The deadline to file a biennial update is based on the last two digits of a motor carrier’s USDOT Number and the date it first registered with the FMCSA.
If the motor carrier makes changes to its business, such as moving to a new address or changing its business name, it must file a MCS-150 to update its registration information. It is also important to file an updated MCS-150 if the carrier has purchased or sold vehicles or had a significant change to its annual mileage because its Safety Measurement System (“SMS”) scores are based on fleet size and miles traveled each year.
If a motor carrier does not update its MCS-150 when required, the FMCSA can deactivate its authority or issue fines up to $10,000. Loss of operating authority can cause a major distribution to any trucking business.
Should you have any questions regarding MCS-150 filing or about transportation law, please do not hesitate to our transportation law experts at [email protected]
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