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Saturday, October 12, 2024

Canadian transportation costs decline slightly in April

The total cost of ground transportation for Canadian shippers decreased 0.6% in April, according to the latest Canadian General Freight Index (CGFI) numbers.

The base rate was flat from March. Fuel surcharges, on average, accounted for 10.88% of the base rate in April compared to 10.32% in March.

โ€œOverall, total freight costs declined marginally in April,โ€ said Doug Payne, president and COO, Nulogx. โ€œDomestic truckload and LTL were positive, however the cross-border truckload and LTL showed a strong decrease. Year-over-year, all segments (domestic truckload and LTL and cross-border truckload and LTL) are all below last yearโ€™s costs with transborder being significantly lower.โ€

For more information visit www.cgfi.ca.