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Cost of ground transportation for Canadian Shippers increased slightly during the first 6 months of 2010.

September 1st, 2010

Canadian Freight Index 2010Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers increased slightly during the first 6 months of 2010.

Overall Freight Costs increased by 1.8% from December 2009 to June 2010. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, also increased by 2.2%. Average Fuel Surcharges decreased marginally from 14.7% of base rates to 13.4% which buffered the effect of the increasing Base Rates.

In addition, overall freight costs for June trended upward, increasing 1.9% when compared to May and 3.2% compared to April.

To register to receive the CGFI results – click here.

According to Dr. Alan Saipe, President, Supply Chain Surveys Inc.”"While rates continued to trend downward in the first quarter of 2010, we have seen two successive months of increases, which may indicate that we reached bottom in April although it is still too early to know for sure”.

“Most of the increases are  in the Domestic Truckload sector,” says Doug Payne, President of Nulogx, “If fleet operators have eliminated their excess capacity  they may now be looking to secure price increases in this more volatile market segment.”

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Nulogx talks to BNN about Canadian freight rates in 2010

September 1st, 2010

What are the trends of Canadian freight rates in 2010? BNN discusses the country’s only transportation tracking index with Doug Payne, president, Nulogx.

Click Here to see Video

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Overall Freight Costs increased by 3% in May when compared to April

August 6th, 2010

Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers continued to increase in May.

Overall Freight Costs increased by 3% in May when compared to April. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, also increased by 2.7% with Average Fuel Surcharges increasing by 2.9% from the prior month.

“Akin to April’s results, we are seeing increases in the truckload sector which is likely more sensitive to changes in capacity demand,” says Dr. Alan Saipe, President, Supply Chain Surveys Inc.  “This could be an indication of what may come in the future for LTL rates.”

“With the continuous volatility in the rates, those in the transportation industry will need to be careful when planning ahead for 2011 and must consider all effecting factors before doing so.” Doug Payne, President of Nulogx.

Join Nulogx and SCL at our upcoming Breakfast Seminar September 14th to hear Dr. Alan Siape and other experts share their opinions on expected changes in transportation rates in the coming months.

Industry experts will discuss timely and valuable information for shippers, carriers and supply chain practitioners challenged with creating business plans for 2011 in these uncertain times. Join us to gain insight on the economy and its effect on the transportation industry and to learn how both shippers and carriers are planning for 2011 and steps you can take to prepare your company for these changes.

For more information on this exciting event click here

Click here to register today!

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Unlock the value hidden in your In-Bound Transportation: The Tim Hortons Case Study

July 28th, 2010

Unlock the value hidden in your In-Bound Transportation

The Tim Hortons Case Study

 

A Free Lunch & Learn Webinar

Logistics leaders including the World’s largest consumer goods retailer, Canada’s leading automotive store, and one of the biggest home product suppliers have pioneered the implementation of In-Bound freight programs that shift control of managing shipments from vendors to their receivers. Why?  Simply put, these shipments are often optimized based on the needs of the vendor, as opposed to the receiver; who ultimately pays for the freight.  This can result in increased cost, lower capacity utilization, warehouse congestion and a slackened supply chain.

Those companies that receive large volumes of freight have the potential to unlock significant value by creating a “Managed In-Bound Program”.  When implemented correctly, these initiatives can result in significant transportation cost reductions and process improvements within a very short timeframe. 

This is your opportunity learn how to unlock the savings in your In-Bound freight by hearing how one of Canada’s leading companies successfully implemented their program, and perhaps more importantly, how they avoided the potential pitfalls.

Join our interactive webinar and learn;

  • What is an In-Bound program and what are the potential benefits?
  • Is implementing an In-Bound program the right thing for my company?
  • What are steps to a well managed implementation?
  • What is required to manage an In-Bound program on an ongoing basis?

 

Benefit from the experience of Tim Hortons who recently implemented an In-Bound program with the assistance of Nulogx, enabling them to:

  • Take control of their inbound freight and design it to meet their needs
  • Increase visibility to what is being shipped to them and how
  • Separately manage the cost of goods  and the cost of transportation
  • Maximize efficiency and save money

 

Participating in this webinar will be:

Host and Moderator

Lou Smyrlis, Editorial Director, Canadian Transportation & Logistics, Transportation Media

Speakers

Richard Zwolak, National Manager, Logistics Services, Tim Hortons

Doug Payne, President, Nulogx

Don’t miss this chance to learn how you too can make a substantial impact on your organization’s performance.

REGISTER NOW

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Transportation Strategy: Planning for 2011 in Uncertain Times

July 28th, 2010

Transportation Strategy: Planning for 2011 in Uncertain Times
Hear Expert Opinions on the Road Ahead

Date: Tuesday, September 14th, 2010 – 7:30am -10:30am

Location:
Mississauga Convention Centre
75 Derry Rd    (view map)
Mississauga, ON
L5W 1G3

Cost: $20.00 for SCL members,
$30.00 for non SCL members: includes continental breakfast.

Join Nulogx and SCL for a Breakfast Seminar with a timely and valuable exchange of information for shippers, carriers and supply chain practitioners challenged with creating business plans for 2011 in these uncertain times.

This seminar is a must for those looking for economic and transportation rate forecasts from leading economics and logistics experts to incorporate into their business plans for the following year.  Also hear how shippers and carriers across Canada are accommodating this uncertainly within their business plans, and the steps they are taking to drive continued improvement in their operating processes.

Highlights of this session will be an interactive question and answer period with expert panelists and the opportunity to network with peers also navigating the ever changing economy.

7:30am – 8:15am Arrivals and Buffet
8:15am – 8:20am Welcome Introduction: Bob Armstrong SCL President
8:20am – 8:25am Opening Remarks: Moderator Lou Smyrlis, CTL
8:25am – 8:50am Economic Forecast: Robert Hogue, Senior Economist, RBC
8:50am – 9:15am CGFI and Industry Forecast: Dr. Alan Saipe, President, Supply Chain Surveys Inc
9:15am – 10:00am Q&A Session for Panelists:
  Ginnie Venslovaitis, Director, Transportation Operations, HBC
  Doug Munro, President and CEO, Maritime Ontario
10:00am – 10:15am Conclusion: Doug Payne, President, Nulogx

Register Now

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The Canadian General Freight Index Shows Volatility in February

April 29th, 2010

freight costsResults published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers increased 1.6% in February, offsetting a similar decline in January.

Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, also increased by 2.1% with average Fuel Surcharges increasing 1.6% from the prior month; both balancing similar declines during the prior month.

“February’s results are essentially at the same level as the last quarter of 2009 with less than a 0.5% overall variance“says Dr. Alan Saipe, President of Supply Chain Surveys Inc.

“These results confirm our opinion that rates are stabilizing within the marketplace as both shippers and carriers adjust to the current economic situation,” says Doug Payne, President of Nulogx.  “We expect that cost reductions resulting from market factors will become more elusive for shippers in the coming months” continues Mr. Payne.

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Canadian Freight Rates Paint a Picture of the Recession and Recovery in 2009

February 25th, 2010

What do Canadian freight rates in 2009 tell us about the recession and the recovery? BNN discusses the country’s only transportation tracking index with Doug Payne, president, Nulogx.

Click Here to see Video

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Freight Costs for Canadian Shippers Fell 9.6% in 2009, But Appear to be Stabilizing

February 24th, 2010

Results published today by the Canadian General Freight Index (CGFI) indicate that although the cost of ground transportation for Canadian Shippers declined by 9.6% since December of 2008, freight costs appear to be stabilizing as we move forward into 2010.

From December 2008 to December 2009, Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell 7.8% and Average Fuel Surcharges also fell by a total 13.1%, resulting in an overall decrease of 9.6%.

“During the first 8 months of 2009 there was significant volatility in freight costs, however it appears that the index has begun to stabilize” says Dr. Alan Saipe, President, Supply Chain Surveys Inc. “While there are slight pressures in Base Rates, these are being offset by modest increases fuel surcharges”

In December 2009, overall freight costs rose by .2% when compared to November. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell .1%. This small reduction was offset by a 3.7% increase in Average Fuel Surcharges when compared to the prior month. December’s stabilization has been consistent since September of 2009 with freight costs having varied by only .4% in total.

“This data correlates well with the prevailing opinion that our economy is slowly starting to recover from the recession that started more than 18 months ago.” says Doug Payne, President for Nulogx, “The continuous flat-line performance over the past few months suggests that carriers have adjusted their operations to match changing market demands, and that we will continue to see stable freight prices in the near future.”

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Increased Fuel Surcharges Offset Reductions in Transportation Costs for Canadian Shippers in November.

January 28th, 2010

TORONTO, ONTARIO–(Jan 27, 2010) – Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers in November remained virtually unchanged since the prior month.

Overall freight costs decreased by only .1% in November when compared to October. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell 1.5% while Average Fuel Surcharges increased by 7.4% from the prior month; negating the benefit of the Base Rate reduction “After many months of steady decline it appears that we are entering a period of stabilizing freight costs” says Doug Payne, President for Nulogx. “Going forward we anticipate that further cost reductions for shippers will come from improved productivity, as opposed to the market forces that have been at work over the last 18 months.”
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.

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Canadian Transportation & Logistics – Transportation TV

October 29th, 2009

HOW LOW IS LOW? We all know the recession has battered trucking rates. But exactly how much have they fallen? Find out what the Canadian General Freight Index shows. Click on the image below to see video on www.ctl.ca

Candian General Freight Index on Transportation TV

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