Results published by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.91% in July from June costs.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.35% in July.

Average Fuel Surcharges assessed by Carriers decreased in July. Fuel was 29.13% of Base Rates in July versus 34.01% in June. Last year in July, the Average Fuel Surcharge was 24.28%.

"Total Freight Costs decreased 0.91% in July. Domestic LTL increased in July while Total Domestic TL, Total Cross Border LTL and Total Cross Border Truckload decreased. Year over year, Total Domestic LTL and Total Cross Border Truckload segments remain above last year costs, while Domestic Truckload and Cross Border LTL continue to be below last year costs," said Doug Payne, President of CGFI sponsor Nulogx.

Source: CGFI

Ground transportation costs of Canadian shippers decreased by 0.91% in July