The base rate index, which excludes the impact of accessorial charges assessed by carriers, decreased by 1.2 percent when compared to October 2012.
Average fuel surcharges assessed by carriers have seen a decrease from 21.27 percent of base rates in October 2012 to 20.46 percent in November 2012. This is the first decrease in fuel since July 2012.
"Total costs for domestic LTL and truckload continued their increase again this month, while cross-border LTL and truckload costs continue to decline," said Doug Payne, president and COO of Nulogx, a provider of transportation management solutions and the sponsor of the CGFI. "Accessorial charges rose marginally after 3 months of steady costs".
For full details on the CGFI, click here.