Canadian ground rates decline in June: CGFI

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TORONTO, Ont. — Ground transportation rates continue to decline, according to the Canadian General Freight Index.

The index said rates went down 2.6% in June, compared to May results.

The base rate index – excluding accessorial charges – went down 1.6% compared to May, the index reported.

Meanwhile, average fuel surcharges assessed by carriers went down from 20.26% in May to 19.26% of the base rate.

“Cross Border Truckload was the main driver of the freight cost decline,” said Doug Payne, president and COO, Nulogx. “Fuel as a percentage of freight costs have dropped to the same level as a year ago.”

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