Truck News

News  February 26, 2014 12:41PM

Ground transportation rates rose in December

TORONTO, Ont. -- Canadian ground transportation rates climbed 1.6% in December, compared to November, according to the latest data from the Canadian General Freight Index (CGFI).


TORONTO, Ont. — Canadian ground transportation rates climbed 1.6% in December, compared to November, according to the latest data from the Canadian General Freight Index (CGFI).

The base rate jumped 0.27% compared to November. Fuel represented 20.84% of the base rate in December, compared to 20.54% in November.

“Total freight costs continued to climb in December for the fifth straight month. Both base and rates and fuel increased in December,” said Doug Payne, president & COO of Nulogx. “With December’s increase, total transportation costs finished 1% above a year ago.”

For full details on the CGFI visit www.cgfi.ca 


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