Ground transportation costs rise for fourth consecutive month in Canada
www.chinatrucks.com: The cost of ground transportation for Canadian shippers increased again in June, the fourth consecutive monthly increase, according to results published by the Canadian General Freight Index (CGFI).
The CGFI Total Freight Costs Index rose by 1% in June when compared to May. The Base Rate Index, which excludes the impact of fuel surcharges assessed by carriers, increased by 0.8% during the same period. Notably, average fuel surcharges assessed by carriers declined for the first time in eight months from 20.3% of base rates to 19.3%.
"We have now seen several consecutive months of increases in freight costs," said Doug Payne, president and COO of Nulogx. "This is partially due to the effect of increases in base rates and the question remains whether this will continue in the future."
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