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 June when compared with May results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased 1.0% when compared to May.
Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 15.56% of Base Rates in June versus 15.46% in May.
“Cross Border LTL Freight Costs continue to increase this month. Although there were slight increases in Cross Border TL, 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: www.nulogx.com/cgfi/results/