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NEWS

Middlewest General Rate Committee Adopts Rate Increase

3/8/2006

The Middlewest General Rate Committee held a public meeting on March 7 to consider a previously docketed proposal for a general rate increase. The meeting was held in Kansas City and was attended by carrier and shipper representatives.

A variety of economic data was presented for consideration and analysis, and after discussion a general rate increase with an overall impact of 3.24% was approved. The increase is scheduled to become effective April 3, 2006.

Although rising fuel prices have had a major impact on carriers expenses, this factor was not considered as part of the discussion of the rate increase, since these costs are recovered separately through fuel surcharges.