Posts Tagged ‘freight rates’

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 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 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 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 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/

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/

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/

Total Freight Costs continue to Decline

November 26th, 2014

cgfi-nov

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers dropped by 0.83 % in September when compared with August results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 0.84 % when compared to August 2014.

Average Fuel Surcharges assessed by Carriers decreased this month. Fuel was 20.75 % of Base Rates in September versus 21.48 % in August.

“ Freight rates continue to decrease in all sectors, other than the slight increases seen in Cross border Truckload.” said Doug Payne, President & COO, Nulogx. “Overall, total freight costs are 0.75% above year earlier, Domestic LTL and Cross border Truckload are above, while Domestic Truckload and Cross border LTL are below year over year.” continued Payne.

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