Con-way Freight announced recently that it will implement a general rate increase averaging 4.9%, applicable to non-contractual business, effective Oct. 19.
The rate increase will apply to customers on the company’s CNWY 599 tariff. It will affect general LTL rates, minimum charges, accessorial and other supplemental fees applicable to LTL shipments moving within the United States and Canada, cross-border shipments moving between the United States, Puerto Rico and Canada, and the domestic U.S. portion of shipments into Mexico.
According to the company, the rate increase is intended to help offset rising costs of doing business, which include contending with the nationwide shortage of qualified truck drivers, increased regulatory compliance, higher fleet operations and revenue equipment costs, and technology upgrades which enable the company’s premium service product. Customers can view the new rates after Oct. 5 through the My Con-way.com page on the Con-way website.