Freight rates declined in May: Nulogx

Avatar photo

TORONTO, Ont. — Shipping costs declined 2.7% in May compared to April, according to the latest Canadian General Freight Index.

The base rate was down 2.5% compared to March, declining to November levels, Nulogx reports.

Average fuel surcharges declined from 21.34% of the base rate in April to 20.26% in May.

“The increases from November to March have all been erased,” said Doug Payne, president and COO, Nulogx. “Total costs are now 1.2% below a year ago.”

For more info, visit www.cgfi.ca.

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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*