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Jan 6, 2009

FREIGHT RATES * Australia - Industry must increase rates from January

ATA: Trucking companies must increase their freight rates or adjust their fuel surcharge to compensate for a cut in the fuel tax credit

Sydney,NSW,Australia -ATN -5 Jan 2009: -- The Australian Trucking Association (ATA) says the credit will fall from 18.51 cents per litre to 17.14 from January 2009 following the passage of legislation increasing the road user charge to 21 cents a litre... As such, the ATA is warning of an increase in consumer goods as companies look to offset the impact a drop in the credit will have on their business operations... Any future charges will be open to scrutiny, with the industry gaining access to all the figures, methods and formulas the Government uses in determining whether to increase the charge... Due to the increase, the Government will invest its $70 million Heavy Vehicle Safety and Productivity Package over four years in rest areas, tachograph trials and road infrastructure...

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