diff --git a/Cargo.lock b/Cargo.lock
index 1dc4b80dc133c..895c90c983f01 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1823,7 +1823,7 @@ dependencies = [
  "tonic",
  "tracing 0.1.34",
  "tracing-core 0.1.28",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -2237,7 +2237,7 @@ dependencies = [
  "serde_json",
  "thiserror",
  "tracing 0.1.34",
- "tracing-test 0.2.1",
+ "tracing-test",
  "value",
  "vector-common",
  "vrl-compiler",
@@ -4347,15 +4347,6 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ffbee8634e0d45d258acb448e7eaab3fce7a0a467395d4d9f228e3c1f01fb2e4"
 
-[[package]]
-name = "matchers"
-version = "0.0.1"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f099785f7595cc4b4553a174ce30dd7589ef93391ff414dbb67f62392b9e0ce1"
-dependencies = [
- "regex-automata",
-]
-
 [[package]]
 name = "matchers"
 version = "0.1.0"
@@ -4472,7 +4463,7 @@ dependencies = [
  "once_cell",
  "tracing 0.1.34",
  "tracing-core 0.1.28",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -8138,7 +8129,7 @@ checksum = "12de1a8c6bcfee614305e836308b596bbac831137a04c61f7e5b0b0bf2cfeaf6"
 dependencies = [
  "tracing 0.1.34",
  "tracing-core 0.1.28",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -8171,7 +8162,7 @@ dependencies = [
  "mock_instant",
  "tracing 0.1.34",
  "tracing-core 0.1.28",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
 ]
 
 [[package]]
@@ -8195,28 +8186,6 @@ dependencies = [
  "tracing-core 0.1.28",
 ]
 
-[[package]]
-name = "tracing-subscriber"
-version = "0.2.25"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0e0d2eaa99c3c2e41547cfa109e910a68ea03823cccad4a0525dcbc9b01e8c71"
-dependencies = [
- "ansi_term",
- "chrono",
- "lazy_static",
- "matchers 0.0.1",
- "regex",
- "serde",
- "serde_json",
- "sharded-slab",
- "smallvec",
- "thread_local",
- "tracing 0.1.34",
- "tracing-core 0.1.28",
- "tracing-log",
- "tracing-serde",
-]
-
 [[package]]
 name = "tracing-subscriber"
 version = "0.3.15"
@@ -8224,7 +8193,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "60db860322da191b40952ad9affe65ea23e7dd6a5c442c2c42865810c6ab8e6b"
 dependencies = [
  "ansi_term",
- "matchers 0.1.0",
+ "matchers",
  "once_cell",
  "regex",
  "serde",
@@ -8240,37 +8209,14 @@ dependencies = [
 
 [[package]]
 name = "tracing-test"
-version = "0.1.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a3b48778c2d401c6a7fcf38a0e3c55dc8e8e753cbd381044a8cdb6fd69a29f53"
-dependencies = [
- "lazy_static",
- "tracing-core 0.1.28",
- "tracing-subscriber 0.2.25",
- "tracing-test-macro 0.1.0",
-]
-
-[[package]]
-name = "tracing-test"
-version = "0.2.1"
+version = "0.2.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3eb7bda2e93bbc9c5b247034acc6a4b3d04f033a3d4b8fc1cb87d4d1c7c7ebd7"
+checksum = "9e3d272c44878d2bbc9f4a20ad463724f03e19dbc667c6e84ac433ab7ffcc70b"
 dependencies = [
  "lazy_static",
  "tracing-core 0.1.28",
- "tracing-subscriber 0.3.15",
- "tracing-test-macro 0.2.1",
-]
-
-[[package]]
-name = "tracing-test-macro"
-version = "0.1.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c49adbab879d2e0dd7f75edace5f0ac2156939ecb7e6a1e8fa14e53728328c48"
-dependencies = [
- "lazy_static",
- "quote",
- "syn",
+ "tracing-subscriber",
+ "tracing-test-macro",
 ]
 
 [[package]]
@@ -8864,7 +8810,7 @@ dependencies = [
  "tracing-core 0.1.28",
  "tracing-futures 0.2.5",
  "tracing-limit",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
  "tracing-tower",
  "trust-dns-proto 0.22.0",
  "tui",
@@ -8949,7 +8895,7 @@ dependencies = [
  "tokio-util 0.7.1",
  "tracing 0.1.34",
  "tracing-fluent-assertions",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
  "vector-common",
  "vector-config",
  "vector-config-common",
@@ -9097,7 +9043,7 @@ dependencies = [
  "tracing 0.1.34",
  "tracing-core 0.1.28",
  "tracing-log",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
  "twox-hash",
  "typetag",
  "url",
@@ -9272,7 +9218,7 @@ dependencies = [
  "strip-ansi-escapes",
  "syslog_loose",
  "tracing 0.1.34",
- "tracing-test 0.1.0",
+ "tracing-test",
  "uaparser",
  "url",
  "utf8-width",
@@ -9300,7 +9246,7 @@ dependencies = [
  "serde",
  "serde_json",
  "tikv-jemallocator",
- "tracing-subscriber 0.3.15",
+ "tracing-subscriber",
  "value",
  "vector-common",
  "vector-vrl-functions",
diff --git a/lib/vrl/stdlib/Cargo.toml b/lib/vrl/stdlib/Cargo.toml
index d0e3f5bc84ade..cb14a83778663 100644
--- a/lib/vrl/stdlib/Cargo.toml
+++ b/lib/vrl/stdlib/Cargo.toml
@@ -62,7 +62,7 @@ ofb = { version = "0.6.1", optional = true }
 anyhow = "1"
 chrono-tz = "0.6"
 criterion = "0.4"
-tracing-test = "0.1"
+tracing-test = "0.2"
 value = { path = "../../value", features = ["test"] }
 vrl-core = { path = "../../vrl/core", features = ["test"] }
 vector-common = { path = "../../vector-common", default-features = false, features = ["btreemap"] }