Some B.C. carriers realize WCB rate reductions

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VICTORIA, B.C. — The B.C. Workers’ Compensation Board (WCB) has released preliminary 2004 base rates, and it appears most trucking companies will pay less next year.

General trucking and moving and storage companies will pay 11.7 per cent less, according to the preliminary rates. Courier services will see a 3.3 per cent increase in rates while garbage, debris, industrial waste and recyclable material haulers will face a whopping 20 per cent increase.

Over the past few years, the injury rate in the general trucking category has decreased, however, the average claim duration and claims costs have increased, says the WCB. Rates are calculated based on a three year rolling average.

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