Less-than-truckload transportation services provider YRC Worldwide is the most recent market player to announce a 2011 general rate increase.
The company yesterday rolled out an average GRI of 6.9 percent which will cover non-contractual shipments in the United States, Canada, and Mexico, with increases varying by lane and shipment type, according to company officials.
And YRCW added that these rate hikes will take effect on August 1 and apply to minimum charge, LTL rates, and accessorial charges, with domestic Canada rates not being impacted.
This increase follows matching 6.9 percent increases announced in recent weeks by FedEx Freight and Con-way, Freight, which also take effect on August 1, and ABF Freight System, whose increase kicks in on July 25. Full Story.............