TORONTO, Ont. — The total cost of ground transportation for Canadian shippers decreased by 2.4% in April when compared with March results, according to the latest figures from the Canadian General Freight Index (CGFI).
The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 2.1 % when compared to March.
Average fuel surcharges assessed by carriers have seen a decrease from 22.43% of base rates in March to 21.43% in April.
“Cross border LTL continued on an upward swing, however all other segments declined.” said Doug Payne, president and COO of Nulogx. “Total costs are 1.2% higher than a year ago.”
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