NEWS RELEASES 2009

December 2009

OLYMPICS WILL INCREASE COSTS FOR TRUCKERS IN THE GREATER VANCOUVER AREA

December 22, 2009 – Trucking costs for pick-up and deliveries in the Greater Vancouver area will increase substantially during the upcoming Olympics (February 12-28, 2010).  Costs will be impacted by increased congestion as well as government restrictions and guidelines on pickup and delivery times. Due to the poor economy the trucking industry has little or no profit margin and is in no position to absorb these additional costs.  Trucking companies serving the area may need to assess increased rates or an operational surcharge in order to recoup at least a portion of these increased costs...more

February 2009
 

A FREIGHT RATE INCREASE OF 4.3% IS RECOMMENDED

Fort Erie, ON, February 2009 – 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 current market conditions and costs. After a thorough review of the information, the Committee recommends that carriers raise their freight rates 4.3% effective March 30, 2009.....more

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