Minor Increases in Fuel and Freight Costs, reports Nulogx
Summary showing Total Freight Costs for over the road shipments starting in January 2008. Depicts only General Freight shipments and includes all accessorial and fuel surcharges.
TORONTO — According to the Canadian General Freight Index (CGFI), the total cost of ground transportation for Canadian shippers increased marginally by .575 percent over December.
The Base Rate Index increased marginally over December with 0.38 percent while Average Fuel Surcharges assessed by carriers saw an increase from Decemeber’s 19.66 percent to 20.36 percent in January.
“Cross border Truckload saw an increase while the other segments (domestic LTL,TL and Cross Border LTL) had decreases.” said Doug Payne, president and COO, Nulogx. “Of particular note, Total Costs are still trailing behind a year ago levels.” continued Payne.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.