Thursday, February 25, 2010

Truck Pricing in Canada Seen Stabilizing

(The Journal of Commerce)

Canadian General Freight Index sees slight monthly cost increase in December Canadian trucking costs appear to be stabilizing, but at a level nearly 10 percent lower than a year ago, according to an index based on less-than-truckload and truckload rates.

Overall freight costs rose 0.2 percent in December from the previous month, said the Canadian General Freight Index published by Nulogx, a transportation management company that processes more than $750 million in freight transactions a year. Read more here.