CGFI – Total Costs Jump in December

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Index 3 - Fuel Surcharge
Index 3 - Fuel Surcharge

Results distributed today by the Canadian General Freight Index (CGFI) demonstrate that the Total Cost of ground transportation for Canadian Shippers expanded by 2.2% in December, as contrasted and November comes about.

The Base Rate Index, which bars the effect of Accessorial Charges evaluated via bearers, expanded by 0.7% in December.

Normal Fuel Surcharges surveyed via Carriers expanded for the current month. Fuel was 17.26% of Base Rates in December versus 15.71% in November.

“Add up to Freight and Base Costs expanded in December,” said Doug Payne, President and COO, Nulogx. “All sections of the file expanded. Year over year, Domestic LTL, Domestic Truckload and Cross Border Truckload are higher while Cross Border LTL costs are well underneath a year ago,” proceeded with Payne.

Index 1 – Total Freight Costs

Index 3 - Fuel Surcharge
Index 1 – Total Freight Costs

This is a summary showing Total Freight Costs for over the road shipments starting in January 2008.
This chart depicts only General Freight shipments and includes all accessorial and fuel surcharges.
It excludes specialty freight services, rail, air, ocean and courier shipments. Freight services paid in US currency have been translated into Canadian dollars based on the exchange rate applicable on the shipment date.

Index 2 – Base Freight Costs

Index 2 - Base Freight Costs December 2018
Index 2 – Base Freight Costs

This chart shows the change in Base Freight Costs since January 2008 for Canadian shippers. The data presented is the same as the General Freight Index above, except that all costs associated with separately identified Fuel Surcharges and Other Accessorial charges has been removed from the analysis.

Index 3 – Fuel Surcharge

Index 3 - Fuel Surcharge December 2018
Index 3 – Fuel Surcharge

This chart shows the changing Fuel Surcharge rates paid by Canadian Shippers. The Fuel Surcharge data shown is expressed as a percentage of the overall Base Freight Cost paid by shippers in the study sample.