DAILY NEWS Feb 27, 2013 12:36 PM - 0 comments

Ground transportation costs for Canadian shippers up in December: CGFI

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2013-02-27

TORONTO, Ont. -- The total cost of ground transportation for Canadian shippers was up 1.14% in December compared with November 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, increased marginally by 0.34% when compared to November.

Average fuel surcharges assessed by carriers have seen a decrease from 20.56% of base rates in November to 19.66% in December.

"Even with a slight uptick in December, total freight costs for 2012 finished 2.95% below December of 2011," said Doug Payne, president and COO of Nulogx. "Looking at 2012, January and February saw increases in total freight costs, however, those gains and more were lost in March to June and for the balance of the year we saw total freight costs remain relatively flat with a slight uptick in December.”

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Nulogx Inc.

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