The rules are consistent with EROAD’s expectations, in particular:
- The ELD must enable the driver to securely record and display their hours of service.
- The ELD must automatically and securely record vehicle information including driving time, engine hours, power status, motion status, and location.
- Drivers must adopt a compliant ELD solution within two years – by December 2017.
- If using an Automatic On-board Recording Device (AOBRD) the driver will have the option to continue use for an extended two years, but must adopt a compliant ELD thereafter.
- Drivers of vehicles manufactured before model year 2000 are exempt from the ELD mandate.
It is estimated that over 3 million drivers and vehicles will be affected by this rule, which represents a significant opportunity for EROAD to provide customers across North America with a comprehensive electronic tax and compliance solution on its secure technology platform.
EROAD has strong foundational building blocks for a compliant ELD solution. With the recently launched Electronic Logbook for drivers in the US, combined with its secure Ehubo2 in-vehicle hardware, and cloud-based “Depot” system, the company is well placed to provide a comprehensive solution to meet the regulations and its customers’ needs.
“EROAD has extensive knowledge and experience in translating complex regulatory requirements into an innovative technology solution. We are committed to a strategic development and delivery of a compliant ELD solution for the North American market,” said EROAD CEO, Steven Newman.
At its scheduled market update on 29 January 2016 EROAD will provide an analysis of the key components of the rules.
