0 Comments
Share
Shippers See Fuel and Freight Costs Decrease in November
Posted:
Jan 31, 2013 08:23 AM
|
Last Updated: Feb 4, 2013 07:34 AM
TORONTO — The total cost of ground transportation for Canadian shippers dropped slightly in November.
A 0.86 percent decline from October was recorded by the Canadian General Freight Index (CGFI) for the month, with the Base Rate Index (which excludes Accessorial charges) decreasing by 1.2 percent.
Average fuel surcharges also saw a decrease from 21.27 percent of Base Rates in October to 20.46 percent in November. That was the first fuel decrease since July 2012, Nulogx noted.
"Total costs for domestic LTL and truckload continued their increase again this month, while cross border LTL and truckload costs continue to decline." said Doug Payne, President & COO, Nulogx. "Accessorial charges rose marginally after 3 months of steady costs."
We Recommend:
- 'Blessing of the Pete’ Rekindles Moving Soldier Memorial
- Trucking for Wishes Needs Your Help. And All You Gotta Do is Like Them.
- Trucking Hero: “Something inside me made me stop.”
- Friday Focus: Driver Wages and The Driver Shortage
- Trucking Alliance Tells Carriers to Take Responsibility for Driver Shortage




















Please Note:
While we value your feedback, please avoid profane or personal attacks. You should know that if your comment contains libelous, prejudicial or just plain wrong statements, it will be deleted.