TORONTO, Ont. – The total cost of ground transportation for Canadian shippers dropped by 1.2% in September from August according to the results published today by the Canadian General Freight Index.
The base rate index also decreased 0.7% when compared to August.
In addition, average fuel surcharges assessed by carriers decreased again this month. Fuel was 13.28% of base rates in September compared to 14.39% in August.
“In September, both base and fuel costs dropped. Total domestic and cross-border LTL increased while total domestic and cross-border truckload decreased,” said Doug Payne, president and COO, Nulogx. “It seems the steady decrease in Domestic LTL over the past year and a half has levelled off and is actually starting to increase. The change in transborder LTL is more significant and has risen at a greater pace over the past six months.”