Freight trucking price index up 0.9% in fourth quarter of last year

Statistics Canada reports that the For-hire Motor Carrier Freight Services Price Index rose 0.9% in the fourth quarter of 2016, following a 0.4% increase in the third quarter.

The general freight trucking component rose 1.3%, while the specialized freight trucking component was unchanged.

According to Statistics Canada the index was down 0.1% in the fourth quarter compared with the same quarter of 2015. This was the ninth consecutive year-over-year decrease. The general freight trucking component increased 0.6% while the specialized freight trucking component was down 1.5%.

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