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Stock Lobster

03/31/08 8:41 PM

#265798 RE: Stock Lobster #265797

News1130: US trucker strike could also hit Canada:

An informal trucker strike in the US could also hit Canada

Wednesday, March 26 - 10:35:03 PM
Erin Loxam

SURREY (NEWS1130) - There might be fewer big rigs on the road April 1, if Canadian truckers jump on board with their American counterparts. A plan to strike started when a truck driver in Missouri decided he needed to take a stand against high fuel costs.

Pat Potter with Orca Logistics in Surrey says email and chatter on CB radios has gotten the message to local truckers, who are looking at joining the 1,000 estimated drivers who will strike in the states, "We need some help in getting freight rates up in the US and in Canada, I mean the price of fuel here is killing us. The US dollar, the exchange rate between the dollars is hurting us." Potter says fuel taxes on trucks are putting independent drivers out of business. He says the plan is to stop the industry for a day in hopes of making governments aware of the increasing problem.

http://www.news1130.com/news/topstory/article.jsp?content=20080327_013503_5664
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langlui

03/31/08 8:52 PM

#265800 RE: Stock Lobster #265797

the market has been slow last week and today. I feel like the market is setting up for a fall this week. I don't know.. keeping my fingers crossed because I am holding calls :(