Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers declined by 0.86 % in November when compared with October results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.2% when compared to October 2012.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 21.27 % of Base Rates in October 2012 to 20.46 % in November 2012. This is the first decrease in fuel since July 2012.
“Total Costs for Domestic LTL & Truckload continued their increase again this month, while Cross Border LTL & Truckload costs continue to decline.” said Doug Payne, President & COO, Nulogx. “Accessorial charges rose marginally after 3 months of steady costs.” continued Payne.
The most recent public results are available here.
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