Truck News

News

Ground transportation costs up in February: CGFI

TORONTO, Ont. -- Ground transportation costs for Canadian shippers increased by 2.4 % in February when compared with January results, according to the latest figures from the Canadian General Freight Index (CGFI).


TORONTO, Ont. — Ground transportation costs for Canadian shippers increased by 2.4 % in February when compared with January results, according to the latest figures from the Canadian General Freight Index (CGFI).

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, increased by 1.9 % when compared to January.

Average fuel surcharges assessed by carriers have seen an increase from 20.36% of base rates in January to 21.53 % in February.

“Cross-border truckload continued to drive the increase combined with fuel being at the highest level since May 2012,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*