Canadian Fuel and Freight Costs Decrease
Recently published results by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers declined by 0.86 percent in November when compared with October results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 1.2 percent when compared to October 2012.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 21.27 percent of Base Rates in October 2012 to 20.46 percent in November 2012. This is the first decrease in fuel since July 2012.
