Truck Stop FuelingResults published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 2.6 % in June when compared with May’s results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.6 % when compared to May 2013.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 20.26 % of Base Rates in May to 19.26 % in June.
“Cross Border Truckload was the main driver of the freight cost decline.” said Doug Payne, President & COO, Nulogx. “Fuel as a percentage of freight costs have dropped to the same level as a year ago.” continued Payne.
To see this months public results, click here.