Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers decreased by 0.5 % in July when compared with June results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.9% when compared to June 2012.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 20.18 % of Base Rates in June 2012 to 18.8% in July 2012.
“The total cost decrease was driven by lower fuel costs while base rates actually increased.” said Doug Payne, President & COO, Nulogx. “However, base freight costs are down 3% from a year ago” continued Payne.
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The CGFI is sponsored by Nulogx, a leading Transportation Management Solutions provider, and is used by shippers and carriers to benchmark performance, develop business plans, and secure competitive agreements.
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