Toronto, Canada / February 27th, 2013 - Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 1.14 % in December when compared with November results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased marginally by 0.34 % when compared to November 2012.
Average Fuel Surcharges assessed by Carriers have seen a decrease from 20.56 % of Base Rates in November 2012 to 19.66 % in December 2012.
"Even with a slight uptick in December, Total Freight Costs for 2012 finished 2.95% below December of 2011." said Doug Payne, President & COO, Nulogx. "Looking at 2012, January and February saw increases in Total Freight Costs however those gains and more were lost in March to June and for the balance of the year we saw Total Freight Costs remain relatively flat with a slight uptick in December ." continued Payne.
For full details on the CGFI please visit: www.cgfi.ca
About the CGFI
The CGFI is sponsored by Nulogx a leading Transportation Management Solutions provider, and is used by shippers and carriers to benchmark performance, develop business plans, and secure competitive agreements. It was developed with the assistance of Dr. Alan Saipe. The most recent results are available at the CGFI website: www.cgfi.ca
Nulogx provides technology and services to improve transportation processes and reduce costs. With an ability to offer the combined value of a best-in-class TMS Application, expert Managed Services, and the largest Freight Audit and Payment service in Canada, Nulogx can provide unprecedented value to North American shippers by improving freight planning and management processes, delivering robust business intelligence in actionable management reporting formats, and providing cost effective alternatives to managing transportation tasks.
About Dr. Alan Saipe
Dr. Alan L. Saipe is the President of Supply Chain Surveys, Inc a provider of management surveys and consulting services. He held academic appointments at York University, and the University of Toronto. He led the supply chain logistics consulting practice at KPMG Consulting. Today, his consulting services include Management Surveys & Benchmarking, Improving Operating Results, Senior Advisory Services and Mediation & Conflict Resolution.