Downward Pressures on Base Rates Offset by Fuel Charges

TORONTO — The cost of ground transportation decreased 1.3 percent in June from May, according the Canadian General Freight Index (CGFI).

The Base Rate Index, which excludes Accessorial Charges, dropped by 0.95 percent from May, while Average Fuel Surcharges dropped from 22.1 percent of Base Rates in April to 20.8 percent in June 2012.

Total freight costs are now close to the same level as June 2011, said Doug Payne, president and COO, Nulogx.

“It appears that the combinations of downward pressures on Base rates are being offset by higher Fuel and Accessorial charges from a year ago.” Payne said.

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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.