Results published by the Canadian General Freight Index (CGFI) indicate that the four-month moving average total cost of ground transportation for Canadian shippers decreased by 0.85 percent in July when compared with June results.
Spot market freight volumes declined 16 percent in April compared to April 2012, according to the DAT North American Freight Index. Year-over-year declines in volume were seen across all equipment types: van load volume declined 20 percent, refrigerated ("reefer") loads slipped 10 percent, and flatbed freight dropped 15 percent.