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Aug 11, 2007

* Canada - Trucking industry adopts surcharges

Grant Thornton LLP reports that intense cost pressures are driving the nation's trucking firms to adopt surcharges in all major cost categories.
Canada -ExecDigital, August News/Canada Digital -10 Aug 2007: -- Canada's trucking industry is experiencing a period of unprecedented growth accompanied by dramatic change, with rising commodity prices, an evaporating driver pool, and stringent border security measures driving down the bottom line for the nation's privately owned mid-sized carriers, according to a Grant Thornton report on the industry... As various surcharges pile up at firms straining to maintain profitability, the trucking industry is at risk of becoming a business of nickels and dimes, with the potential to pass on significant cost increases to Canadian consumers...

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