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Canada-U.S. Freight Value Falls Nearly 14 Percent preview image Canada-U.S. Freight Value Falls Nearly 14 Percent article image

Canada-U.S. Freight Value Falls Nearly 14 Percent

WASHINGTON, D.C. -- The value of freight movements between the U.S. and Canada fell significantly in August, according to a new report. The U.S. Transportation Department reports it totaled US$48 billion in August, down 13.6 percent from August 2014, as all modes of transportation carried less value of U.S.-Canada freight than a year earlier, due to lower mineral fuel prices.

Average Diesel Cost Down Over Past Week, Gasoline Lowest Since February preview image Average Diesel Cost Down Over Past Week, Gasoline Lowest Since February article image

Average Diesel Cost Down Over Past Week, Gasoline Lowest Since February

LONDON, ON and WASHINGTON, D.C. -- The average cost of diesel in both Canada and the U.S. has moved lower over the past week while the Canadian cost of gasoline is the lowest since early this year. In Canada, the national average price of trucking's main fuel declined $0.016 from last week to $1.039 per liter, according to the petroleum information services provider The Kent Group. This follow no change the week before and is now $0.202 less than this time last year.