Posts Tagged ‘domestic truckload’

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 Increase Marginally (October 2016)

December 28th, 2016

cgfi-dec

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

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.3% in October.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 12.10% of Base Rates in October versus 11.59% in September.

“Total Freight Costs increased marginally in October. All segments were in the positive territory this month with Cross Border LTL having the largest increase. Year over Year, Domestic Costs remain above last year’s level, and the Cross Border Costs are well below last year’s Costs,” said Doug Payne, President & COO, Nulogx.

On behalf of all of our team at Nulogx, we wish everyone a Safe, Healthy & Happy Holiday.

Thank you for all of your support and we look forward to an exciting 2017.

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 Decline in April (April 2016)

June 30th, 2016

cgfi june 2014

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers decreased by 0.6% in April, as compared with March results.

The Base Rate Index which excludes the impact of Accessorial Charges assessed by carriers was flat from March.

Average Fuel Surcharges assessed by Carriers increased this month. Fuel was 10.88% of Base Rates in April versus 10.32% in March.

“Overall, Total Freight Costs declined marginally in April,” said Doug Payne, President & COO, Nulogx. ”Domestic Truckload and LTL were positive however the Cross Border Truckload and LTL showed a strong decrease. Year over Year, all segments (Domestic Truckload & LTL and Cross Border Truckload & LTL) are all below last year’s costs with Transborder being significantly lower,” continued Payne.

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/

Freight Costs Cool in October – CGFI Drops .8% In October, But Fuel Surcharges Begin To Rise

January 5th, 2011

Results published today by the Canadian General Freight Index (CGFI) indicate that after several months of steady increases, the cost of ground transportation for Canadian Shippers dropped slightly in October.

The CGFI Total Freight Cost Index decreased by .8% in October compared to September, while the Base Rate Index, which excludes the impact of Fuel Surcharges assessed by carriers, decreased .92%.  The CGFI is still 7.5% above the April low point and 5.3% above last year’s result for the same period.

Notably, average Fuel Surcharges increased by 6% to 13.77% of Base Rates when compared to September results.  Fuel surcharges increased for the first time in 5 months, and are beginning to reflect the higher cost of diesel fuel for trucking companies.

“We are just starting to see the impact that higher fuel prices will have on shippers and trucking companies, and we expect to monitor this trend through the winter months” comments Doug Payne, President & COO of Nulogx.  “As for the slight decline in Base Rates, this is not unexpected given the consecutive monthly increases we have seen since last April,” adds Payne.

For full details on the CGFI please visit: www.cgfi.ca

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.

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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.”