domestic truckloadResults published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers increased .4% in August 2011 when compared to July.
The Base Rate Index, which excludes the impact of Fuel Surcharges assessed by carriers, has increased for 6 consecutive months including a .6% increase in August. However, Base Rates remain 4.8% below the same period a year ago.
Average Fuel Surcharges assessed by carriers increased from 19.0% of Base Rates in July to 20.1% in August.
“The trend toward marginal increases in Base Rates we observed last month has continued,” said Doug Payne, President  & COO, Nulogx. “although it is interesting to note that they are still significantly below prior year levels” continued Payne.