Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers decreased 0.29% in May when compared with April results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.3% when compared to April 2012.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 22.4% of Base Rates in April 2012 to 22.1% in May 2012
“We are experiencing a marginal decrease in base rates and a slight increase in accessorials, while fuel remained relatively flat.” said Doug Payne, President & COO, Nulogx. “It appears that marginal base rate gains in the domestic LTL & Truckload markets were offset by marginal decreases in the cross border LTL & Truckload markets.” continued Payne.
For full details on the CGFI please visit www.cgfi.ca.
See the May CGFI results here.
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