Shippers See Fuel and Freight Costs Decrease in November

TORONTO — The total cost of ground transportation for Canadian shippers dropped slightly in November.

A 0.86 percent decline from October was recorded by the Canadian General Freight Index (CGFI) for the month, with the Base Rate Index (which excludes Accessorial charges) decreasing by 1.2 percent.

Average fuel surcharges also saw a decrease from 21.27 percent of Base Rates in October to 20.46 percent in November. That was the first fuel decrease since July 2012, Nulogx noted.

“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 & COO, Nulogx. “Accessorial charges rose marginally after 3 months of steady costs.”