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				Canadian Freight Index Drops in April, Fuel Charges Climbing
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						Jun 27, 2012 10:33 AM
					
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					Last Updated: Jun 27, 2012 10:34 AM
				
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				<p>MISSISSAUGA, ON &mdash; The Canadian General Frieght Index (CGFI) reported today that the cost of ground transportation for Canadian shippers dropped 2.3 percent in April from March.</p>
<p>The Base Rate Index, which doesn't include accessorial charges by carriers, dropped 2 percent from March.</p>
<p>Average Fuel Surcharges assessed by carriers have increased from 21.9 percent of Base Rates in March to 22.4 percent in April.</p>
<p>&ldquo;We are experiencing a downward trend in both base rates and accessorials, while fuel is seeing increases for the third consecutive month.&rdquo; said Doug Payne, president and COO, Nulogx.</p>
<p>&ldquo;It appears that both the domestic and cross border Truckload markets are seeing the most change as a result of these trends," added Payne.</p>
			
				
				
			
				
				
			
			
			
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						<a href="/search.cfm?searchtype=basic&pageaction=showresults&searchdata=Canadian+General+Freight+Index+April+2012">Canadian General Freight Index April 2012</a>
						
					
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