How do licensees know if an I/O is on the I/O List?
The I/O List is not published. If a licensee has a question about the status of an I/O on the I/O List, they should contact the OBCCTC.
I am looking at selling my company. What should I be aware of?
Section 6.27 of the CTS licence provides that the licence terminates upon the change of control of the licensee unless the Commissioner has expressly consented to the change in control in advance. See the OBCCTC change in control policy here.
I want to sell my business, can I transfer the CTS licence as part of the sale?
Section 6.25 of the CTS licence provides that CTS licences and truck tags are non-transferable, meaning that they may not be sold as assets in an asset sale. For share sales, please review the OBCCTC change in control policy here.
Can I sell my CTS licence or truck tags?
No. CTS Licences and truck tags are not transferable. See Section 6.25 of the CTS licence.
How is the Fuel Surcharge calculated?
In each calendar month, if the reference price of diesel for an I/O is more than $1.05, a licensee must pay the I/O a fuel surcharge, calculated in accordance with the following formula: (A - $1.05) x B x 2% $0.05 where: A = the reference price of diesel, in dollars B = the minimum [...]
Why do I/Os need a Sponsorship Agreement?
A Sponsorship Agreement is required to ensure that the CTS licensee (sponsor) and the I/O understand and comply with their respective obligations under the Container Trucking Act, Regulation and CTS licence. A Sponsorship Agreement also helps the OBCCTC monitor compliance.
Can I subcontract container trucking services work to a non-licensee?
No. Licensees cannot subcontract container trucking services work to a non-licensee or perform on-dock or off-dock container trucking services for a non-licensee who performs container trucking services in the Lower Mainland. See sections 6.2 and 6.3 of the CTS licence.