Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 2.4 % in February when compared with January results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.9 % when compared to January 2013.
Average Fuel Surcharges assessed by Carriers have seen an increase from 20.36 % of Base Rates in January to 21.53 % in February.
“Cross border Truckload continued to drive the increase combined with fuel being at the highest level since May 2012.” said Doug Payne, President & COO, Nulogx. Read more here.
Date: April 24, 2013