Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers decreased slightly in January.
Overall freight costs fell by 1.2% in January when compared to December. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell 1.4% from December. Average Fuel Surcharges also fell .5% from 14.20% in December to 13.70% of Base Freight costs in January. Offsetting these declines were slight increases in Other Accessorial charges assessed by carriers.
To view the results, sign up online at http://www.cgfi.ca to receive the results to your inbox the last Wednesday of every month.
