Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers decreased by 0.09% in January, as compared with December.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 0.15% in January.

Average Fuel Surcharges assessed by Carriers decreased in January. Fuel was 25.54% of base rates in January versus 26.78% in December. Last year in January, the average fuel surcharge was 31.37%.

"Total Freight Costs decreased by 0.09% in January driven by Total Cross Border Truckload. Total Domestic LTL, Total Domestic Truckload and Total Cross Border LTL, increased marginally while Total Cross Border Truckload decreased. Year over year, Total Domestic LTL remains above last year while, Total Domestic Truckload, Total Cross Border TL & Total Cross Border LTL, segments remain below the costs for the same period last year," said Doug Payne, President of CGFI sponsor Nulogx.

Source: CGFI

 

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