Canadian rates rose slightly in July: CGFI

by Truck News

TORONTO, Ont. – Canadian ground transportation rates increased by just 0.15% in July, according to the latest Canadian General Freight Index.

The base rate was almost flat, up just 0.06% from June. Average fuel surcharges increased, comprising 12.44% of the base rate in July compared to 12.19% in June.

“Overall, total freight costs continued to be flat over the past few months. This is a similar pattern to the same period in the previous year, although overall costs are down by 7.7% from last July,” said Doug Payne, president and COO of Nulogx. “Year-over-year, domestic freight costs are above last year’s level, while the cross-border segments are below last year’s costs.”

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