LTL total freight costs increase

by Truck News

TORONTO, Ont. – The total cost of round transportation for Canadian Shippers went down by 0.6% in April, when compared to March results, according to the data published by the Canadian General Freight Index today.

The data also shows that the base rate index increased by 0.1% from April to March, while average fuel surcharges were down from 17.02% in March to 16.04% of base rates in April.

“LTL Total Freight Costs increased, driven by Cross Border LTL and a slight increase in Domestic LTL costs,” said Doug Payne, president and COO, Nulogx. “Domestic Truckload decreased while Cross Border Truckload Costs saw a slight decrease,” continued Payne. “Additionally, we saw some changes in trends in April. Domestic LTL increased for the first time since last June, while Domestic Truckload and Transborder Truckload had their first decreases since September and July 2014, respectively.”

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