Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers dropped by 0.83 % in September when compared with August results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.84 % when compared to August 2014.
Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 20.75 % of Base Rates in September versus 21.48 % in August.
“ Freight rates continue to decrease in all sectors, other than the slight increases seen in Cross border Truckload.” said Doug Payne, President & COO, Nulogx. “Overall, total freight costs are 0.75% above year earlier, Domestic LTL and Cross border Truckload are above, while Domestic Truckload and Cross border LTL are below year over year.” continued Payne.
For the latest results of the CGFI please visit here: www.nulogx.com/cgfi/results/.