Truck News

News  April 30, 2014 1:01PM

CGFI research shows freight costs, fuel surcharges on the rise

TORONTO, Ont. -- Results issued today by the Canadian General Freight Index (CGFI) show that the total cost of ground transportation for shippers in Canada went up by 0.75 % in February from January.



TORONTO, Ont. — Results issued today by the Canadian General Freight Index (CGFI) show that the total cost of ground transportation for shippers in Canada went up by 0.75 % in February from January.

Average fuel surcharges also increased. Fuel was 20.86% of base rates in January compared to 21.78% in February.

“Since August of 2013 total freight costs have risen for the seventh straight month. Fuel is also on the rise.” said Doug Payne, President & COO, Nulogx. “Fuel has now risen to the March/April levels of 2013.”


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