Ground transportation costs down in October

John G Smith

MISSISSAUGA, ON – Canadian shippers saw the cost of ground transportation drop by 1% in October when compared to September, according to the Canadian General Freight Index compiled by Nulogx.

A related Base Rate Index, which excludes accessorial charges, dropped by 1.3%, while average fuel surcharges increased. Fuel was 14.63% of base rates in October compared to 13.61% in September. 

“Total freight and base costs declined in October, despite an increase in fuel surcharges. Once again, domestic LTL increased, while domestic TL and trans-border LTL decreased. Transborder TL was basically flat.  Year over year all segments remain well below last year’s costs,” said Doug Payne, president and Chief Operating Officer of Nulogx.

 

John G Smith

John G. Smith is the editorial director of Newcom Media's trucking and supply chain publications -- including Today's Trucking, trucknews.com, TruckTech, Transport Routier, Inside Logistics, Solid Waste & Recycling, and Road Today. The award-winning journalist has covered the trucking industry since 1995.

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