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				Cost of Ground Transportation Dropped in July
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					Posted: 
					
						Sep 27, 2012 09:36 AM
					
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					Last Updated: Sep 27, 2012 09:36 AM
				
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				<p>TORONTO &mdash; The cost of ground transportation for Canadian shippers dropped by 0.5 percent in July from June, according to results published yesterday by the Canadian General Freight Index (CGFI).</p>
<p>The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.9 percent when compared to June 2012.</p>
<p>Average Fuel Surcharges assessed by Carriers have seen a decrease from 20.18 percent of Base Rates in June 2012 to 18.8 percent in July 2012.</p>
<p>&ldquo;The total cost decrease was driven by lower fuel costs while base rates actually increased.&rdquo; said Doug Payne, President &amp; COO, Nulogx. &ldquo;However, base freight costs are down 3 percent from a year ago&rdquo; continued Payne.</p>
			
				
				
			
				
				
			
			
			
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