The CGFI tracks changes in freight costs for Canadian Shippers. The index is published monthly and the results are based on a statistically valid sample of transactions taken from the Nulogx database of more than $750M in annual freight transactions.

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November 27, 2019

Total Freight Costs Decline Marginally in September

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.5% in September, as compared with August results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.4% in September.

Average Fuel Surcharges assessed by Carriers increased slightly this month.  Fuel was 16.33% of Base Rates in September versus 16.31% in August. 

“Total Freight Costs decreased by 0.5% from last month for the 3rd straight month of decline,” said Doug Payne, President & COO, Nulogx. “Domestic LTL increased marginally while Domestic Truckload remained flat. Cross Border LTL & Truckload costs declined. Year over year, Cross Border LTL is well above last years level. Domestic LTL Costs are above last year’s level, while Cross Border & Domestic TL remain below last years level,” continued Payne. 

Click on the charts for larger images.

This is a summary showing Total Freight Costs for over the road shipments starting in January 2008.
This chart depicts only General Freight  shipments and includes all accessorial and fuel surcharges.
It excludes specialty freight services, rail, air, ocean and courier shipments. Freight services paid in US currency have been translated into Canadian dollars based on the exchange rate applicable on the shipment date.

Overall – Base Freight Costs

This chart shows the change in Base Freight Costs over the last 12 months for Canadian shippers. The data presented is the same as the General Freight Index above, except that all costs associated with separately identified Fuel Surcharges and Other Accessorial charges has been removed from the analysis.

Overall – Fuel Surcharge Index

This chart shows the changing Fuel Surcharge rates paid by Canadian Shippers. The Fuel Surcharge data shown is expressed as a percentage of the overall Base Freight Cost paid by shippers in the study sample.