Ground transportation costs increase for 11th consecutive month

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TORONTO, Ont. — The cost of ground transportation for Canadian shippers increased .8% in January when compared with December results, according to results published today by the Canadian General Freight Index. After the 11th consecutive monthly increase, the CGFI is now 9.5% above the February 2011 result.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers increased slightly in January, and is now .3% over the December result.  Since February 2011, base rates reported by the CGFI have risen 3.8%.

“Rising accessorial charges continue to be the primary driver of increasing freight costs for Canadian shippers,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI. “While these typically decline in the spring, we will continue to monitor this to determine if they are seasonal increases, or part of a general pricing trend by carriers.”

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