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Changes - Canada - Truck Transportation Act Soon Repealed
Changes to trust accounts, broker rules, and safety rating includedTORONTO,Ont,Canada -Today's Trucking -22 Dec 2005: -- The Ontario Government has announced that effective January 1, 2006, the Truck Transportation Act (TTA) and the last vestiges of economic regulation of the trucking industry will no longer exist... However, as the Ontario Trucking Association is reminding carriers, under the legislation repealing the TTA certain critical parts of the TTA have been transferred to the Highway Traffic Act (HTA)... Carriers who broker freight should also note that the trust account provisions will now apply to everyone who brokers freight, including carriers who broker loads to other carriers, OTA says. Also, effective January 1, 2006, they will also need to comply with the new HTA provisions and ensure that funds received for work that is brokered out are placed in a trust account...
posted by Unknown @ 2:48 PM
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