Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 2.4 % in February when compared with January results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.9 % when compared to January 2013.
Average Fuel Surcharges assessed by Carriers have seen an increase from 20.36 % of Base Rates in January to 21.53 % in February.
“Cross border Truckload continued to drive the increase combined with fuel being at the highest level since May 2012.” said Doug Payne, President & COO, Nulogx.
To see this months public results, click here.
Did you know… Nulogx customers have access to a more detailed breakdown of the CGFI results? Contact us today.
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