Results published Wednesday, Aug. 31, by the Canadian General Freight Index indicate that the cost of ground transportation for Canadian shippers increased again in June, the fourth consecutive monthly increase. The CGFI Total Freight Costs Index rose by 1 percent in June when compared to May. The Base Rate Index, which excludes the impact of fuel surcharges assessed by carriers, increased by 0.8 percent during the same period.
Notably, average fuel surcharges assessed by carriers declined for the first time in eight months, from 20.3 percent of base rates to 19.3 percent. “We have now seen several consecutive months of increases in freight costs,” says Doug Payne, president and chief operating officer of Nulogx, which oversees the index. “This is partially due to the effect of increases in base rates, and the question remains whether this will continue in the future.”