Costs - Canada - Trucking rates nowhere to go but up
OTTAWA,ONT,Canada -Today's Trucking -09/20/2005 :-( Not only is the price of diesel fuel adding more digits to the bottom of freight invoices, but other traditional costs are not showing any signs of letting up either, says the Canadian Trucking Alliance's vice-president... In a presentation to the Livingston Importer Conference in Chicago last week, Ron Lennox pointed out that besides the obvious impact of fuel costs -- which are usually recouped through surcharges -- carriers are facing higher costs to comply with increasingly stringent border security measures, increases in insurance premiums, renewed strength of the Canadian currency, and rising equipment costs reflecting the new generation of near zero-emission engines and fuels...
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