Cost of ground transportation for Canadian shippers drops in June: CGFI

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TORONTO, Ont. — The cost of ground transportation for Canadian shippers decreased 1.3 % in June when compared with May results, according to the latest results from the Canadian General Freight Index (CGFI).

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 0.95% when compared to May.  

Average fuel surcharges assessed by carriers have seen a decrease from 22.1% of base rates in April to 20.8% in June.

“Looking back, total freight costs have now registered close to the same level as June 2011,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI. “It appears that the combinations of downward pressures on base rates are being offset by higher fuel and accessorial charges from a year ago.”

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