Toronto, Canada / June 27, 2012 - Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers decreased 2.3% in April when compared with March results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, decreased by 2.0% when compared to March 2012.
Average Fuel Surcharges assessed by Carriers have seen an increase from 21.9 % of Base Rates in March 2012 to 22.4% in April 2012.
"We are experiencing a downward trend in both base rates and accessorials, while fuel is seeing increases for the 3rd consecutive month." said Doug Payne, President & COO, Nulogx. "It appears that both the domestic and cross border Truckload markets are seeing the most change as a result of these trends." 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