Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.75 % in November when compared with October results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.24 % when compared to October 2013.
Average Fuel Surcharges assessed by Carriers decreased. Fuel was 20.54 % of Base Rates in November versus 20.96 % in October.
“Total Freight Costs have been on a slow steady increase for the past 4 months.” said Doug Payne, President & COO, Nulogx. “Once again, this increase applies to all segments – Domestic LTL & Truckload, Cross Border LTL & TL.” continued Payne.
For the latest results of the CGFI please visit here: www.nulogx.com/cgfi/results/.
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