NEWS RELEASES 2007

March 2007
 

A FREIGHT RATE INCREASE OF 4.9% IS RECOMMENDED

Fort Erie, ON, March 8, 2007 – The Tariff Advisory Committee (TAC) of the Freight Carriers Association (FCA) meets periodically to monitor economic conditions as well as the latest statistics on the profitability of general freight carriers.  TAC reviews major issues affecting the industry’s profitability and its ability to maintain and improve service.  The Committee recently reviewed the current market conditions and the results of cost studies conducted by FCA, which revealed major cost increases. After a thorough review of the information, the Committee recommends that carriers raise their freight rates 4.9% effective April 2, 2007 and that rates from or to the province of Alberta be increased an additional 3 percent.....more

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