Posts Tagged ‘freight costs’

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 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/

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 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/

Domestic Truckload Increases

March 30th, 2016

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 1.0% in January when compared with December results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased 1.1% when compared to December.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 12.09% of Base Rates in January versus 13.03% in December.

“Overall, Total Freight Costs increased the first time since August of 2015,” said Doug Payne, President & COO, Nulogx. “The increase was driven by Domestic Truckload. Year over Year, Domestic LTL and Truckload remain in negative territory, while Cross Border Truckload and LTL are positive,” continued Payne.

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

Total Freight Costs Continue to Decline

January 27th, 2016

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 3.4% in November when compared with October results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased 3.1% when compared to October.

Average Fuel Surcharges assessed by Carriers decreased marginally this month. Fuel was 12.94% of Base Rates in November versus 12.96% in October.

“Total Freight Costs continue to slide. Truckload, both Domestic and Cross Border had the largest decline. Year over Year, Domestic LTL and Truckload is still in negative territory, while Cross Border Truckload and LTL are up year over,” said Doug Payne, President & COO, Nulogx.

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/

Freight Costs Finish 2013 Strong

February 26th, 2014

CGFIResults published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.6 % in December when compared with November results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 0.27 % when compared to November2013.

Average Fuel Surcharges assessed by Carriers decreased. Fuel was 20.84 % of Base Rates in December versus 20.54 % in November.

“Total Freight Costs continue to climb in December for the 5th straight month. Both Base and rates and fuel increased in December.” said Doug Payne, President & COO, Nulogx. “With December’s, increase Total Transportation Costs finished 1.0 % above a year ago.” continued Payne.

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