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

Avatar photo

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.”

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.