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Ground transportation costs down in October
Posted on Thursday, January 04 @ 16:50:48 CET by admin

Trucking News

MISSISSAUGA, ON – Canadian shippers saw the cost of ground transportation drop by 1% in October when compared to September, according to the Canadian General Freight Index compiled by Nulogx.

A related Base Rate Index, which excludes accessorial charges, dropped by 1.3%, while average fuel surcharges increased. Fuel was 14.63% of base rates in October compared to 13.61% in September. 

“Total freight and base costs declined in October, despite an increase in fuel surcharges. Once again, domestic LTL increased, while domestic TL and trans-border LTL decreased. Transborder TL was basically flat.  Year over year all segments remain well below last year’s costs,” said Doug Payne, president and Chief Operating Officer of Nulogx.

Source of article click here : Today's Trucking


 
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