Total Cost of ground transportation rises 1.2% in March

Cross Border LTL Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.2 % in March when compared with February results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by    1.0 % when compared to February 2013.
Average Fuel Surcharges assessed by Carriers have seen an increase from 21.53 % of Base Rates in February to 22.43 % in March.
“All segments showed increases, with Cross border LTL leading the way.” said Doug Payne, President  & COO, Nulogx. “Total costs are now 1.3% higher than a year ago.” continued Payne.
To see this months public results, click here.