Lower fuel costs helped in reducing Canadian shippers’ ground transportation costs

Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers decreased by 0.96% in April, as compared with March results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.45% in April.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 12.63% of Base Rates in April versus 15.48% in March.

“Total Freight Costs decreased by 0.96% from last month driven by a decrease in fuel charges. Base Freight costs increased by 0.45%. Total freight costs declined in all sectors except Cross Border LTL,” said Doug Payne, President of CGFI sponsor Nulogx. “Year over year, Cross Border LTL remains well above last years level. Domestic LTL is above last year’s level while Total Domestic and Cross Border LTL is below last year.”

Source: CGFI

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