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Ground transportation rates continue to improve

Ground transportation freight rates in Canada posted a fourth consecutive month of increase in August, up 1.5% over July. That marks the fourth straight month of increases since the Canadian General F...


Ground transportation freight rates in Canada posted a fourth consecutive month of increase in August, up 1.5% over July. That marks the fourth straight month of increases since the Canadian General Freight Index (CGFI) reached a low point in April.

“Increases in overall freight costs for Canadian shippers continue to be driven by the domestic truckload sector,” said Doug Payne, president of Nulogx, which publishes the Index. “While truckload is leading the way, we also now see a strengthening of the LTL and transborder rates.”

Overall ground transportation freight costs increased by 3% in July compared to June. Base rates, which exclude the impact of fuel surcharges assessed by carriers, also increased by 3.2%.

“The information provided by the CGFI continues to indicate that we reached a floor in transportation costs for canadian shippers in April of this year,” said Doug Payne, president of Nulogx. “Since then we have seen four consecutive months of increases, led primarily by activity in both the domestic and transborder truckload sectors.”


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