MARITIME & LOGISTICS NEWS WORLDWIDE

Ground transportation costs drop for Canadian shippers in April

29 June 2012

By CTL Canada

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TORONTO, Ont. -- The cost of ground transportation for Canadian shippers decreased 2.3% in April compared with March results, according to results published today by the Canadian General Freight Index.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 2.0% when compared to March. Average fuel surcharges assessed by carriers have seen an increase from 21.9% of base rates in March to 22.4% in April.

"We are experiencing a downward trend in both base rates and accessorials, while fuel is seeing increases for the third consecutive month," said Doug Payne, president and COO of Nulogx. "It appears that both the domestic and cross-border truckload markets are seeing the most change as a result of these trends."

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