Results published by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.64% in August from July costs.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.39% in August.

Average Fuel Surcharges assessed by Carriers increased in August. Fuel was 32.63% of Base Rates in August versus 29.13% in July. Last year in August, the Average Fuel Surcharge was 25.20%.

"Total Freight Costs decreased 0.64% in August. Domestic LTL increased in August 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

 

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