Trade Resources Market View Canadian Freight Rates Climbed 0.75% in November

Canadian Freight Rates Climbed 0.75% in November

TORONTO, Ont. -- Canadian freight rates climbed 0.75% in November, according to the latest Canadian General Freight Index, compiled by Nulogx.

The base rate increased 0.24% in November when compared to October. Fuel surcharges accounted for 20.54% of the base rates in November, compared to 20.96% in October.

“Total Freight Costs have been on a slow steady increase for the past four months,” said Doug Payne, president and COO, Nulogx. “Once again, this increase applies to all segments - Domestic LTL & Truckload, Cross Border LTL and TL.”

Source: http://www.trucknews.com/news/canadian-freight-rates-climbed-in-november-nulogx/1002889073/
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Canadian Freight Rates Climbed in November: Nulogx