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Benefits of ELDs outweigh costs 2:1, Transport Canada says preview image Benefits of ELDs outweigh costs 2:1, Transport Canada says article image

Benefits of ELDs outweigh costs 2:1, Transport Canada says

TORONTO, ON - Transport Canada has determined that the benefits of Electronic Logging Devices (ELDs) essentially double the related costs, according to a newly released Cost-Benefit Analysis. The analysis examined two scenarios - a mandate for all federally regulated carriers, and one that excluded vehicles that would already have to meet a pending U.S. mandate for the devices. The analysis "confirms the significant net benefit from an ELD mandate and dispels some of the myths about ELDs that are out there," said David Bradley, CEO of the Canadian Trucking Alliance, which released the results.