Some B.C. carriers realize WCB rate reductions

Avatar photo

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.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*