Posts Tagged ‘Canadian General Freight Index’

Total Costs Flatten Out (April 2017)

June 28th, 2017

cgfi june 2014

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.2% in April, as compared with March results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.2% in April.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 13.95% of Base Rates in April versus 14.69% in March.

“Total Freight Costs are 0.5% higher than a year ago,” said Doug Payne, President & COO, Nulogx.  ”Cross Border LTL and Truckload Costs increased marginally while Domestic LTL was flat and Domestic Truckload saw a marginal decrease,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/

Total Cost Increase Driven by Truckload (March 2017)

May 31st, 2017

cgfi-may

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.2% in March, as compared with February results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.5% in March.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 14.69% of Base Rates in March versus 14.80% in February.

“Total Freight Costs increased, driven by strong increases in the Domestic Truckload Costs. Cross Border and Domestic LTL Costs decreased while Cross Border Truckload had a marginal increase. This is the third straight month that Total Costs have increased driven by the Truckload Costs,” said Doug Payne, President & COO, Nulogx.”

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results

Total Costs Increase (February 2017)

April 27th, 2017

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.2% in February, as compared with January results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.1% in February.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 14.80% of Base Rates in February versus 14.90% in January.

“Total Freight Costs increased, driven by strong increases in the Domestic and Cross Border Truckload Costs. Cross Border and Domestic LTL Costs decreased,” said Doug Payne, President & COO, Nulogx. “Year over Year, Total Domestic Truckload Costs remain above last year’s level, and the Total Cross Border LTL and Total Domestic LTL Costs still remain below last year’s Costs,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results

Total Costs Increase Marginally (January 2017)

March 31st, 2017

cgfi-march

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.2% in January, as compared with December results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.8% in January.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 14.99% of Base Rates in January versus 13.47% in December.

“Total Freight Costs increased slightly in January driven by higher fuel cost,” said Doug Payne, President & COO, Nulogx. ”All segments of the Base Costs decreased. Year over Year, Total Domestic Truckload Costs remain above last year’s level, and the Total Cross Border and Total Domestic LTL Costs still remain well below last year’s Costs,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results

Total Costs Continue to Slide (December 2016)

February 24th, 2017

cgfi-feb15

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 1.1% in December, as compared with November results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.7% in December, but marginally better than a year ago.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 13.47% of Base Rates in December versus 12.67% in November.

“Total Freight Costs continued to slide in December. Cross Border LTL led the decrease, followed by Cross border Truckload and the domestic segment,” said Doug Payne, President & COO, Nulogx. “Year over Year, Total Domestic Costs remain above last year’s level, and the Total Cross Border Costs still remain well below last year’s costs,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results

Total Costs Decline (November 2016)

January 25th, 2017

cgfi-jan15

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.8% in November, as compared with October results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.1% in November.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 12.67% of Base Rates in November versus 12.10% in October.

“Total Freight Costs decreased in November,” said Doug Payne, President & COO, Nulogx.  ”Cross Border LTL increased significantly, while the other sectors declined. Year over Year, Total Domestic Costs remain above last year’s level, and the Total Cross Border Costs are still well below last year’s Costs,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results

Total Costs Decrease Marginally (September 2016)

December 1st, 2016

cgfi-nov

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.4% in September, as compared with August results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.5% in September.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 11.59% of Base Rates in September versus 11.94% in August.

“Total Freight Costs decreased marginally in September. The Domestic LTL increase was offset by decreases in the other segments. Year over Year, Domestic Costs are above last year’s level, and the Cross Border Costs are well below last year’s Costs,” said Doug Payne, President & COO, Nulogx.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/

Total Costs Inch Higher (August 2016)

October 26th, 2016

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0.5% in August, as compared with July results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.4% in August.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 11.94% of Base Rates in August versus 12.44% in July.

“Total Freight Costs inched higher with all segments in the positive territory in August,” said Doug Payne, President & COO, Nulogx. ”Total Costs are still below last August by 7.4%, however. Year over Year, Domestic Costs are above last year’s level, while the Cross Border Costs are well below those of last year,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/

Total Costs Remain Flat (July 2016)

September 28th, 2016

cgfi september

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by just 0.15% in July, as compared with June results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, was almost flat and increased by 0.06% in July.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 12.44% of Base Rates in July versus 12.19% in June.

“Overall, Total Freight Costs continued to be flat over the past few months. This is a similar pattern to the same period in the previous year, although overall costs are down by 7.7% from last July. Year over Year, Domestic freight costs are above last year’s level, while the Cross Border segments are below last year’s costs,” said Doug Payne, President & COO, Nulogx.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/

Total Costs Flat (June 2016)

September 7th, 2016

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by less than 0.1% in June, as compared with May results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased 0.1% in May. Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 12.19% of Base Rates in June versus 11.10% in May.

“Overall, Total Freight Costs were flat,” said Doug Payne, President & COO, Nulogx. ”Domestic LTL & Truckload increased marginally. Cross Border Truckload showed a slight decrease offset by Cross Border LTL showed slight increase – the first increase seen in 2016. Year over Year, Domestic Truckload is back to last year’s level while all other segments are below last year’s costs, with Cross Border LTL & TL being well below a year ago levels,” continued Payne.

For the latest results of the CGFI, please visit here: www.nulogx.com/cgfi/results/