Canadian shipping costs down in April

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Canadian Shipping

The cost of ground transportation for Canadian shippers decreased 2.3 percent in April compared with March, according to the Canadian General Freight Index released Wednesday, June 27. The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 2.0 percent when compared to March.

Average fuel surcharges assessed by carriers increased from 21.9 percent of base rates in March to 22.4 percent 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 chief operating officer of Nulogx, which oversees the CGFI. “It appears that both the domestic and cross-border truckload markets are seeing the most change as a result of these trends.”