Ground transportation costs increase slightly in June, says CGFI
TORONTO, Ont. – The total cost of ground transportation for Canadian shippers increased by less than 0.1% in June from the month previous, according to the Canadian General Freight Index (CGFI).
“Overall, total freight costs were flat,” said Doug Payne, president and COO of Nulogx. “Domestic LTL and truckload increased marginally. Cross-border truckload showed a slight decrease offset by cross-border LTL showing slight increase – the first increase seen in 2016. Year over year, domestic truckload is back to last year’s level, while all other segments are below last year’s costs, with cross-border LTL and TL being well below a year ago levels.”
Average fuel surcharges also increased from May to June, with a 12.19% base rate in June compared to 11.10% in May.
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