Total Costs Flatten Out (April 2017)

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.2% in April, as compared with March results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.2% in April.
Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 13.95% of Base Rates in April versus 14.69% in March.
“Total Freight Costs are 0.5% higher than a year ago,” said Doug Payne, President & COO, Nulogx.  ”Cross Border LTL and Truckload Costs increased marginally while Domestic LTL was flat and Domestic Truckload saw a marginal decrease,” continued Payne.
For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/