cgfi august
Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.3% in May when compared with April results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased 1.2% when compared to April.
Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 15.46% of Base Rates in May versus 16.04% in April.
“Total Freight Costs increased marginally this month. Although there were slight increases in LTL and Truckload Cross Border Costs, these were mostly offset by decreases in the LTL and Truckload Domestic costs,” said Doug Payne, President & COO, Nulogx.
For the latest results of the CGFI, please visit here: