Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.0 % in November when compared with October results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, Increased by 1.6 % when compared to October 2014.
Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 17.95 % of Base Rates in November versus 19.35 % in October.
“Overall, Total Freight costs continue to rise while fuel decreases.” said Doug Payne, President & COO, Nulogx. “Total & Base Freight cost increased in all sectors with the exception of Domestic LTL. Year over Year, Cross Border Truckload costs have increased while Total Costs in the other sectors have decreased.” continued Payne.
For the latest results of the CGFI please visit here: www.nulogx.com/cgfi/results/