Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 2.3 % in March when compared with February results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.9 % when compared to February 2014.
Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 22.57 % of Base Rates in March versus 21.78 % in February.
“Truckload domestically and Cross Border continued the increase.” said Doug Payne, President & COO, Nulogx. “Fuel has now risen above April levels of 2013. The last time Fuel was above this month’s 22.57% was October of 2008”, continued Payne.
For the latest results of the CGFI please visit here: www.nulogx.com/cgfi/results/.