MISSISSAUGA, ON – Canadian shippers saw the cost of ground transportation drop by 1% in October when compared to September, according to the Canadian General Freight Index compiled by Nulogx.
A related Base Rate Index, which excludes accessorial charges, dropped by 1.3%, while average fuel surcharges increased. Fuel was 14.63% of base rates in October compared to 13.61% in September.
“Total freight and base costs declined in October, despite an increase in fuel surcharges. Once again, domestic LTL increased, while domestic TL and trans-border LTL decreased. Transborder TL was basically flat. Year over year all segments remain well below last year’s costs,” said Doug Payne, president and Chief Operating Officer of Nulogx.