Posts Tagged ‘transportation industry’

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 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

Overall Freight Costs increased by 3% in May when compared to April

August 6th, 2010

Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers continued to increase in May.

Overall Freight Costs increased by 3% in May when compared to April. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, also increased by 2.7% with Average Fuel Surcharges increasing by 2.9% from the prior month.

“Akin to April’s results, we are seeing increases in the truckload sector which is likely more sensitive to changes in capacity demand,” says Dr. Alan Saipe, President, Supply Chain Surveys Inc.  “This could be an indication of what may come in the future for LTL rates.”

“With the continuous volatility in the rates, those in the transportation industry will need to be careful when planning ahead for 2011 and must consider all effecting factors before doing so.” Doug Payne, President of Nulogx.

Join Nulogx and SCL at our upcoming Breakfast Seminar September 14th to hear Dr. Alan Siape and other experts share their opinions on expected changes in transportation rates in the coming months.

Industry experts will discuss timely and valuable information for shippers, carriers and supply chain practitioners challenged with creating business plans for 2011 in these uncertain times. Join us to gain insight on the economy and its effect on the transportation industry and to learn how both shippers and carriers are planning for 2011 and steps you can take to prepare your company for these changes.

For more information on this exciting event click here

Click here to register today!