The base rate index, which excludes the impact of accessorial charges assessed by carriers, increased by 0.9 percent when compared to June 2012.
Average fuel surcharges assessed by carriers have seen a decrease from 20.18 percent of base rates in June 2012 to 18.8 percent in July 2012.
"The total cost decrease was driven by lower fuel costs while base rates actually increased," said Doug Payne, president and COO of Nulogx, a provider of transportation management solutions and the sponsor of the CGFI. "However, base freight costs are down 3 percent from a year ago."
Click here for full details on the CGFI.
Enjoy curated articles directly to your inbox.