August 30, 2018
Total Freight Costs Continue to Increase 1.9%
Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.9% in June, as compared with May results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 2.0% in June.
Average Fuel Surcharges assessed by Carriers increased again this month. Fuel was 18.54% of Base Rates in June versus 18.05% in May.
“Total Freight Costs increased by 1.9% in June,” said Doug Payne, President & COO, Nulogx. ”Domestic Truckload led the increase with other segments remaining relatively flat. All sectors (Domestic LTL, Domestic Truckload,
Click on the charts for larger images.
Overall – Total Freight Costs
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.