TORONTO, Ont. – The total cost of ground transportation for Canadian shippers went up by 0.3% in May compared to April in the results published today by the Canadian General Freight Index (CGFI).
In addition, the base rate index (which excludes the impact of accessorial charges assessed by carriers) went up by 1.2% this month, while average fuel surcharges went down this month. Fuel was 15.46% of base rate in May, compared to 16.04% in April.
“Total freight costs increased marginally this month. Although there were slight increases in LTL and truckload cross border costs, these were mostly offset by decreases in the LTL and truckload domestic costs,” said Doug Payne, president and COO, Nulogx.
You can get full detail on the CGFI Web site here.