Truckload freight costs dips slightly: CGFI

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TORONTO, Ont. – The total cost of ground transportation for Canadian shipping dipped slightly (1.2%) in May according to the Canadian General Freight Index, that was published today.

The Base Rate Index also decreased by 1% when compared to April’s results. As well, the average fuel surcharged slipped; from 21.37% in May versus 21.45% in April.

“Domestic and cross-border truckload costs decreased, partially offset by increases in domestic LTL and cross-border LTL,” said Doug Payne, president and COO, Nulogx. “Total costs of freight are 5.3 % above last year at this time.”

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