OTA to host fuel surcharge seminar

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MISSISSAUGA, Ont. — With the conflict in the Middle East once again driving fuel prices higher, a fuel surcharge program may be the answer.

Whether you are a company owner, or work in accounting, finance, pricing or sales, the Ontario Trucking Association is hosting a seminar it says you should attend to find out what you need to know to calculate and maintain a fuel surcharge program in today’s volatile marketplace.

Topics will cover a broad range of topics including, how to calculate and maintain a surcharge; why fuel prices are more volatile now than before; impact on profits of not having a surcharge; why you can’t just look at the price of oil; what are the options when a fuel surcharge program ends; plus a discussion of pricing, market conditions and the importance of knowing your costs.

The keynote speaker, David Sirgey, is the president of the Freight Carriers Association of Canada (FCA). His group provides motor carriers with information on matters related to economics, costing, pricing, as well as monitoring of operating costs.

The fee to attend for OTA members is $69 each, while non-members are asked to pay $99. The seminar will take place at the OTA office. Call 416-249-7401 to register.

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