Toronto, Canada / October 31st, 2012 - Results published today by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers increased by 0.8 % in August when compared with July results.
The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.5% when compared to July 2012.
Average Fuel Surcharges assessed by Carriers have seen an increase from 18.78 % of Base Rates in July 2012 to 19.63% in August 2012.
"This increase was seen in all segments of LTL & TL for Domestic and Cross border freight." said Doug Payne, President & COO, Nulogx. "However, base freight costs are now within 2% of August 2011." 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.