Freight index tracks higher, fuel surcharges rise

The costs of trucking continue to rise, with the Canadian General Freight Index marking an increase of 0.26% between August and September. That marks the fourth consecutive monthly increase. A…

Canadian shipping costs rose in January: CGFI

TORONTO, Ont. – The cost of ground transportation for Canadian shippers rose 2.6% in January, according to the latest Canadian General Freight Index (CGFI) by Nulogx. The base rate was…

Canadian transport costs rose in December: CGFI

TORONTO, Ont. – Ground transportation costs in Canada rose 2.2% in December, according to the latest Canadian General Freight Index (CGFI) from Nulogx. The base rate increased 0.7%, Nulogx reports,…

Ontario carriers lacking optimism

TORONTO, Ont. – Ontario motor carrier executives are less optimistic about their business prospects over the next quarter than they were three months ago. The Ontario Trucking Association (OTA) Q4…

Base rates flat, fuel surcharges down in February: CGFI

TORONTO, Ont. — The total cost of ground transportation for Canadian shippers decreased 0.2% in February, compared to the month earlier. That’s according to the Canadian General Freight Index compiled…

Canadian ground transport costs rose in January: CGFI

TORONTO, Ont. — Canadian ground transportation costs rose 2.4% in January over the previous month. The latest Canadian General Freight Index (CGFI) reported the base rate rose 2.8% compared to…

CGFI says transportation rates decreased in August

TORONTO, Ont. — The Canadian General Freight Index (CGFI) from Nulogix indicated freight costs dropped 0.97% in August. The base rate decreased 0.91% compared to July and average fuel surcharges…

WHY TRUCKING RATES COULD SOON BE ON THE RISE

I’m going to once again lean on FTR for its insight into the freight market and where rates might be headed. Jonathan Starks, director of transportation analysis with FTR, had…