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Ground transportation costs rise 1.2% in July: CGFI report

TORONTO, Ont. -- The cost of ground transportation for Canadian shippers increased 1.2% in July when compared to June, according to results published by the Canadian General Freight Index (CGFI).   The Base Rate Index, which excludes the...


TORONTO, Ont. — The cost of ground transportation for Canadian shippers increased 1.2% in July when compared to June, according to results published by the Canadian General Freight Index (CGFI).  

The Base Rate Index, which excludes the impact of fuel surcharges assessed by carriers, has increased for four consecutive months including a 1.4% increase in July. However, base rates remain 3.6% below the same period in July 2010.

Average fuel surcharges assessed by carriers declined from 19.3% of base rates in June to 19.0% in July.

“It appears there is a trend toward marginal increases in base rates,” said Doug Payne, president and chief operating officer of Nulogx. “If carriers continue to manage their capacity and price rationally we may see this trend continue, however that could be offset if there is a slowing economy.”

For more information, visit www.cgfi.ca.


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