Archive for June, 2010

Overall freight costs decreased by 2.6% in March when compared to February

June 9th, 2010

Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers shows a slight decrease in March, which offset the increase seen in February.

Overall freight costs decreased by 2.6% in March when compared to February. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, decreased by 1.9% with Average Fuel Surcharges also decreasing by 4.5% from the prior month.

The CGFI is sponsored by Nulogx, a leading Transportation Management Solutions provider, and is used by shippers and carriers to benchmark performance, develop business plans, and secure competitive agreements. It was developed with the assistance of Dr. Alan Saipe. The most recent results are available at the CGFI website: www.cgfi.ca.