FMCSA Renews Financial Reporting for Small Motor Carriers
Published Date: 11/18/2025
Notice
Summary
The FMCSA is renewing its yearly info collection from Class I and II for-hire motor carriers who move goods and passengers. This means about 12 carriers will keep sharing data on their finances, operations, and equipment, spending around 9 hours each year. Comments on this plan are open until December 18, 2025, with no new costs or big changes expected.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
Annual Reports Required to Continue
The Federal Motor Carrier Safety Administration (FMCSA) is renewing the annual information collection called "Annual Report of Class I and Class II For-Hire Motor Carriers" (OMB Control No. 2126-0032). If you are a Class I or Class II for-hire motor carrier of property or a Class I for-hire passenger carrier, you must continue to file annual reports (Form M or Form MP-1) collecting financial, operating, equipment, and employment data.
Estimated Time and Respondent Counts
FMCSA estimates 12 total respondents (4 per year) and an estimated time per response of 9 hours for Form M and 0.3 hours for Form MP-1. The agency reports an estimated total annual burden of 36 hours (36 hours for Form M and 0 hours for Form MP-1).
Reported Decrease in Industry Costs
FMCSA reports that labor costs to industry decreased by $12,491 annually, mailing costs decreased by $30 annually, and Federal Government annual costs decreased by $68 compared to the previously approved information collection. The decreased estimates reflect fewer expected Form M respondents (from 34 to 4 annual respondents for Form M).
Electronic Filing and Public Availability
FMCSA states that annual reports may be prepared, signed electronically, and submitted via https://ask.fmcsa.dot.gov/app/ask/, and that collected reports are available to the public when requested under the Freedom of Information Act (FOIA).
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