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Canada freight index rises 10% after 12th consecutive increase

According to the Canadian General Freight Index released Wednesday, April 25, the cost of ground transportation for Canadian shippers increased 0.8 percent in February when compared with January. After the 12th consecutive monthly increase, the CGFI is now 10 percent above the March 2011 result. The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, increased slightly in January, and is now ...

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