Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.8 % in October when compared with September results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.2% when compared to September 2013.
Average Fuel Surcharges assessed by Carriers increased marginally. Fuel was 20.96 % of Base Rates in October versus 20.12 % in September.
“This is the third consecutive month of total cost increases.” said Doug Payne, President & COO, Nulogx. “Total costs & Base Freight costs are closing the gap at 1.0 % & 0.96 % respectively below last year.” continued Payne.
On behalf of everyone at Nulogx we wish you a safe and happy holiday and wishing you a healthy and prosperous 2014.
For full details on the CGFI please visit www.cgfi.ca.
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