The general rate committee of SMC³, Peachtree, Ga., has announced an overall rate increase of 6.1%, to become effective on June 7, 2004.

The increase was discussed and approved in a hearing, attended by carriers, shippers and other members of the transportation community, on April 14th in Atlanta. The rates will be applied by SMC³ members, most LTL carriers.
“Our analysis of member carriers’ 2003 overall operating results indicates that these and other carriers are still conducting business at a higher operating ratio than that which is acceptable for healthy growth,” said Jack E. Middleton, president and CEO of SMC³.
For an executive summary on the increase or for more information, visit www.smc3.com/gri.
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