Posts Tagged ‘cgfi’

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 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 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 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 Decline

July 27th, 2016

cgfi august

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.9% in May, as compared with April results.

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

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 11.1% of Base Rates in May versus 10.88% in April.

“Overall, Total Freight Costs continued to decline. Domestic Truckload increased marginally and Domestic LTL decreased marginally. Cross Border Truckload showed a decrease while Cross Border LTL showed a strong decrease.” said Doug Payne, President & COO, Nulogx. “Year over Year, all segments (Domestic Truckload & LTL and Cross Border Truckload & LTL) are below last year’s costs, with Cross Border being well below levels a year ago,” continued Payne.

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

Total Costs Continue to Increase (March 2016)

May 25th, 2016

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 1.5% in March, as compared with February results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 2.0% from February.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 10.32% of Base Rates in March versus 10.54% in February.

“Overall, Total Freight Costs increased, due to the Domestic Truckload Segment. Domestic Truckload showed a strong increase while the other sectors saw decreases,” said Doug Payne, President  & COO, Nulogx. “Year over Year, all segments (Domestic Truckload & LTL and Cross Border Truckload & LTL) have shown lower costs.  Fuel is down in all segments, as well as base costs (other than a marginal increase in Domestic Truckload),” continued Payne.

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

Cross Border LTL Continues to Increase

February 24th, 2016

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 1.6% in December when compared with November results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased 1.5% when compared to November.

Average Fuel Surcharges assessed by Carriers increased marginally this month. Fuel was 13.03% of Base Rates in December versus 12.94% in November.

“Overall, Total Freight Costs continue to slide,” said Doug Payne, President & COO, Nulogx.”Domestic LTL & Truckload and Cross Border Truckload declined while Cross Border LTL Increased. Year over year, Domestic LTL and Truckload closed in negative territory, while Cross Border Truckload and LTL are up year over year,” continued Payne.

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

Total Costs Decrease, Domestic LTL Increases

December 30th, 2015

cgfi-dec

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 2.7% in October when compared with September results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased 2.1% when compared to September.

Average Fuel Surcharges assessed by Carriers decreased again this month. Fuel was 12.96% of Base Rates in October versus 13.28% in September.

“Similar to last month, both Base and Fuel costs dropped,” said Doug Payne, President & COO, Nulogx. ”Total Domestic LTL increased while Total Domestic and Cross Border Truckload and Cross border LTL decreased. Although Domestic LTL has increased the past 2 months, year over year is still in negative territory, while Domestic Truckload and Cross Border LTL & TL show increases year over,” continued Payne.

On behalf of everyone at Nulogx we wish everyone a Safe and Happy Holiday and a Prosperous New Year.

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

Overall Costs Decrease but LTL on the Rise

November 25th, 2015

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 1.2% in September when compared with August results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased 0.7% when compared to August.

Average Fuel Surcharges assessed by Carriers decreased again this month. Fuel was 13.28% of Base Rates in September versus 14.39% in August.

“In September, both Base and Fuel costs dropped. Total Domestic and Cross Border LTL increased while Total Domestic and Cross Border Truckload decreased,” said Doug Payne, President & COO, Nulogx. “It seems the steady decrease in Domestic LTL over the past year and a half has levelled off and is actually starting to increase. The change in Transborder LTL is more significant and has risen at a greater pace over the past 6 months,” continued Payne.

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

Base Freight Costs Increase, Fuel Decreases

October 28th, 2015

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased slightly by 0.1% in August when compared with July results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased 0.7% when compared to July.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 14.39% of Base Rates in August versus 14.88% in July.

“Although fuel costs are dropping, we saw an increase in the Base Rates,” said Doug Payne, President & COO, Nulogx. “Total Domestic and Cross Border Truckload had small increases off-set by decreases in Total Domestic and Cross Border LTL,” continued Payne.

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