TORONTO, Ont. — Ground transportation costs for Canadian shippers increased by 2.4 % in February when compared with January results, according to the latest figures from the Canadian General Freight Index (CGFI).
The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, increased by 1.9 % when compared to January.
Average fuel surcharges assessed by carriers have seen an increase from 20.36% of base rates in January to 21.53 % in February.
“Cross-border truckload continued to drive the increase combined with fuel being at the highest level since May 2012,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI.