Executive Briefings

Canadian Shippers See Total Cost of Ground Transportation Drop Slightly Between June and July

Results published by the Canadian General Freight Index (CGFI) indicate that the four-month moving average total cost of ground transportation for Canadian shippers decreased by 0.85 percent in July when compared with June results.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, remained unchanged when compared to June 2013.  Average fuel surcharges assessed by carriers remained flat also. Fuel was 19.25 percent of base rates in July versus 19.26 percent in June.

"Total cost of freight is down 3.4 percent from a year ago," says Doug Payne, president and COO of Nulogx, a transportation management solutions provider and the sponsor of the CGFI. "Base freight costs are 1.9 percent below last year."

For full details on the CGFI, click here.

Source: Nulogx

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, remained unchanged when compared to June 2013.  Average fuel surcharges assessed by carriers remained flat also. Fuel was 19.25 percent of base rates in July versus 19.26 percent in June.

"Total cost of freight is down 3.4 percent from a year ago," says Doug Payne, president and COO of Nulogx, a transportation management solutions provider and the sponsor of the CGFI. "Base freight costs are 1.9 percent below last year."

For full details on the CGFI, click here.

Source: Nulogx