Canadian shipping costs down slightly in July


Canadian Shipping

The Canadian General Freight Index released Wednesday, Sept. 26, indicated that the cost of ground transportation for Canadian shippers decreased by 0.5 percent in July when compared with June results. The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, increased by 0.9 percent when compared to June.

Average fuel surcharges assessed by carriers saw a decrease from 20.18 percent of base rates in June to 18.8 percent in July. “The total cost decrease was driven by lower fuel costs, while base rates actually increased,” said Doug Payne, president and chief operating officer of Nulogx, which oversees the index. “However, base freight costs are down 3 percent from a year ago.”