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 January when compared with December results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased 1.1% when compared to December.
Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 12.09% of Base Rates in January versus 13.03% in December.
“Overall, Total Freight Costs increased the first time since August of 2015,” said Doug Payne, President & COO, Nulogx. “The increase was driven by Domestic Truckload. Year over Year, Domestic LTL and Truckload remain in negative territory, while Cross Border Truckload and LTL are positive,” continued Payne.
For the latest results of the CGFI please visit here: