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