TORONTO, Ont. – The total cost of ground transportation for Canadian shippers decreased 0.6% in July when compared to June, according to results published recently by The Canadian General Freight Index (CGFI).
During the same period, the base rate index increased by 0.4% and the average fuel surcharges assessed by carriers decreased from 15.66% to 14.88%.
“Cross Border LTL and Truckload had small increases this month. Once again, these were mostly offset by decreases in the Domestic Truckload costs, with a slight decrease in the Domestic LTL freight costs,” said Doug Payne, president and COO, Nulogx. “Cross Border Truckload and LTL and Domestic Truckload are above a year ago while the Domestic LTL freight costs are below a year ago.”
For full details on the CGFI please visit: www.cgfi.ca.