Freight Carriers Association of Canada

                         

 

 

 

 

 

FCA/NATC Software and Base Rates Move to SMC3

 

This letter is to inform you that the Freight Carriers of Canada (FCA) has sold its benchmark base rates for both Canada Domestic and Cross-Border traffic as well as all software and related intellectual property rights to SMC3 (Southern Motor Carrier Association). FCA will work with SMC3 to provide a smooth transition for our customers, and SMC3 will continue to support FCA software users.

 

SMC3 is the technological leader in LTL rate and transit-time related software and processes, and the company has worked with FCA/NATC base rate data for over 25 years. We are confident that our customers will be well served in the future by SMC3. For support from SMC3, please contact Customer Support at customersupport@smc3.com or 800.845.8090.

 

FCA will continue to provide the industry with the Fuel Bulletin including both Canadian Domestic and U.S. Canada fuel prices and their cost impacts. The North American Transportation Council, Inc., (NATC) is in the process of dissolving after over 75 years of serving the cross-border market.

 

We thank you for being a loyal customer, and we wish you continued success. If you have any questions, please let me know.

 

Best regards,

 

David J. Sirgey

President

 

This Week In Petroleum

 

Economic indicators can inform non-OECD liquid fuels consumption forecasts

 

February 14 - Increases in economic activity are typically associated with growth in petroleum and other liquids consumption. EIA lowered the 2018 oil-consumption-weighted Gross Domestic Product (GDP) growth forecast in countries outside the Organization for Economic Cooperation and Development (OECD) in the February 2018 Short-Term Energy Outlook (STEO) from the January STEO, but growth expectations for those countries remain higher than all 2017 STEO forecasts. In the February STEO, EIA expects global petroleum and other liquid fuels consumption to grow by 1.7 million barrels per day (b/d) in 2018, with 1.3 million b/d of that growth coming from non-OECD countries. Because oil consumption data can be lagged or incomplete, the use of frequently released economic indicators can be useful for confirming stronger or weaker periods of economic growth and inform oil consumption forecasts....more (this link will take you to the Energy Information Administration website

 

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