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Total freight costs continue to slide



TORONTO, Ont. — The total cost of ground transportation for Canadian shippers went down by 1.6% in December when compared with November results, according to the Canadian General Freight Index.

In addition, the base rate index, decreased by 1.5% month-over-month from November to December while the average fuel surcharges assessed by carriers increased marginally. Fuel was 13.03% of base rates in December up from 12.94 in November.
“Overall, total freight costs continue to slide,” said Doug Payne, president and COO, Nulogx.”Domestic LTL & truckload and cross border truckload declined while cross border LTL increased. Year-over-year, domestic LTL and truckload closed in negative territory, while cross border truckload and LTL are up year-over-year.”
 
For more information visit: www.cgfi.ca

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