Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 2.6% in January, as compared with December results.
The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, increased by 1.7% in January.
Average fuel surcharges assessed by carriers increased this month. Fuel was 17.97% of base rates in January versus 17.26% in December.
“Total Freight Costs increased 2.6% in January,” said Doug Payne, President of CGFI sponsor Nulogx. “December and January marked back to back increases of over 2.0 %. Domestic Truckload & Domestic LTL led the increases, while Cross Border LTL and Truckload showed positive increases also,” continued Payne.
Source: CGFI< Return