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Costs - Canada - How Long Before Cost of Food, Clothing Goes Up Due to Higher Transport Costs?
National Trucking Chief Points to Sky-Rocketing Cost of Diesel Fuel
Ottawa,Ontario,Canada -CCNMatthews -Oct. 7, 2005: -- Consumers are bracing for an increase in home heating costs now that the cool temperatures are returning, but the head of the Canadian Trucking Alliance, David Bradley, says that sky-rocketing diesel fuel costs are adding significantly to the cost of transporting consumer goods and foodstuffs... The trucking industry, which hauls 90% of all consumer and grocery products in the country, is facing record level diesel fuel costs which in turn are being passed along to retailers and grocery stores through fuel surcharges... According to CTA, the average commercial price of diesel fuel in Canada set a new record earlier this week when it jumped to over 73 cents - before federal and provincial taxes. In the last month alone, national diesel fuel prices rose by 16 per cent. And in the last three months, the trucking industry has had to cope with a whopping 40 per cent increase...
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