Tuesday, January 24, 2012

Trucking associations announce rate increases


imageThe Freight Carriers Association of Canada (FCA), which represents motor carriers engaged in for-hire trucking in the Canadian domestic market, and the North American Transportation Council (NATC), which represents Canadian and U.S. based motor carriers engaged in for-hire trucking in the North American transborder market have recommended rate increases to their members.

FCA has reviewed cost increases in Canadian labor and non-labor expenses (excluding fuel). Based on its analysis FCA is increasing the Canadian Domestic base rate scales they recommend to the industry by 4.2% effective April 2, 2012.

NATC is increasing the cross-border rates they recommend to the industry by 5.9% effective April 2, 2012.

Fuel cost changes are excluded from the announced increases as these are handled by individual carrier fuel surcharges.

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