Canadian transportation rates slide slightly in April: CGFI
TORONTO, Ont. — The total cost of ground transportation for Canadian shippers decreased 0.4% in April, according to the latest Canadian General Freight Index.
Rates decreased 0.4% in April compared to March. The base rate was down 0.3% and fuel surcharges decreased to 21.45% of the base rate from 22.57% in March.
“Cross-border truckload increased marginally offset by decreases in domestic truckload, domestic LTL and cross-border LTL,” said Doug Payne, president and COO, Nulogx. “Total costs of freight are 3.7% above last year at this time.”
For more info, visit www.cgfi.ca.
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