|
|
FREIGHT CARRIERS
ASSOCIATION OF CANADA NORTH AMERICAN TRANSPORTATION COUNCIL |
|
|
|
FCA/NATC
Updating Rating Products Fort Erie, ON – January 16, 2012 – The Freight Carriers Association of Canada and the North
American Transportation Council have announced the updating of their software
rating products to become effective April 2, 2012. The updates reflect cost increase in both
Canada and the U.S. and changes to the Canadian postal codes and U.S. zip
codes. Fuel cost changes are excluded
from the calculations as these are handled by individual carrier fuel
surcharges. The impact of this update
for FCA Canadian Domestic rates is 4.2% and for NATC Cross Border rates is
5.9%. For over 60
years, the Freight Carriers Association of Canada and the North American
Transportation Council have been recognized for their expertise on matters
related to Canadian Domestic and U.S.-Canada for-hire trucking. The Freight
Carriers Association of Canada (FCA) specializes in for-hire trucking in the
Canadian domestic market. The North American Transportation Council (NATC) specializes in the Canada-U.S. for-hire trucking market. |
|||||||||
|
LTL
Carriers Announce Rate Increases A number of large U.S. LTL
carriers have recently announced rate increases. The increases impact non-contract freight
and act as the base for future contract negotiations…more |
||||||||||
|
This
Week In Petroleum Cushing crude oil inventories at record
levels May 16 - Crude oil inventories at the
Cushing, Oklahoma storage hub reached a record 45.1 million barrels on May 11,
after rising 16.9 million barrels since January 13, a marked contrast to the
relatively flat level of inventories over January through April in recent
years. The increases have come ahead of the Seaway pipeline reversal,
expected to commence this week, and are largely the result of growing U.S.
inland production and increasing imports from Canada. However, with the
imminent reversal, the inventory builds have not weighed disproportionately
on West Texas Intermediate (WTI) crude oil prices, which have held up
relatively well against global crudes such as Brent over the past few months.....more (this link will
take you to the Energy Information Administration website |
