Freight Costs November 2013Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.1 % in September when compared with August results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.7% when compared to August 2013.
Average Fuel Surcharges assessed by Carriers increased marginally. Fuel was 20.63 % of Base Rates in September versus 20.12 % in August.
“This is the first Base cost increase since March 2013.” said Doug Payne, President & COO, Nulogx. “Total Costs & Base Freight costs are still 2.0 % & 2.3 % respectively below last year.” continued Payne.
To see this months public results, click here.