cgfi septemberResults published today by the Canadian General Freight Index (CGFI) indicate that the 4 month moving average Total Cost of ground transportation for Canadian Shippers decreased by 0.85 % in July when compared with June results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, remained unchanged when compared to June 2013.
Average Fuel Surcharges assessed by Carriers remained flat also. Fuel was 19.25 % of Base Rates in July versus 19.26 % in June.
“Total Cost of Freight is down 3.4% from a year ago.” said Doug Payne, President & COO, Nulogx. “Base Freight costs are 1.9 % below last year.” continued Payne.
To see this months public results, click here.