Between July 2021 and August 2022, general freight rate costs increased from a four-month moving average of 1,251 to 1,587 Canadian dollars. Since then, general freight rates have generally decreased, with the February 2024 average being around 12 percent lower than in August 2022.
Four month moving average for general freight rates in Canada from July 2021 to February 2024
(in Canadian dollars)
Characteristic
Freight rates in Canadian dollars
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This chart shows only General Freight shipments and includes all extra costs and fuel surcharges. Data for specialty freight services, rail, air, ocean and courier shipments are excluded
Any freight services paid in U.S. dollars have been converted to Canadian dollars based on the exchange rate applicable on the shipment date.
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Canadian General Freight Index. (May 23, 2024). Four month moving average for general freight rates in Canada from July 2021 to February 2024 (in Canadian dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1411398/general-freight-rates-canada/
Canadian General Freight Index. "Four month moving average for general freight rates in Canada from July 2021 to February 2024 (in Canadian dollars)." Chart. May 23, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1411398/general-freight-rates-canada/
Canadian General Freight Index. (2024). Four month moving average for general freight rates in Canada from July 2021 to February 2024 (in Canadian dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1411398/general-freight-rates-canada/
Canadian General Freight Index. "Four Month Moving Average for General Freight Rates in Canada from July 2021 to February 2024 (in Canadian Dollars)." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/1411398/general-freight-rates-canada/
Canadian General Freight Index, Four month moving average for general freight rates in Canada from July 2021 to February 2024 (in Canadian dollars) Statista, https://www.statista.com/statistics/1411398/general-freight-rates-canada/ (last visited August 24, 2024)
Four month moving average for general freight rates in Canada from July 2021 to February 2024 (in Canadian dollars) [Graph], Canadian General Freight Index, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/1411398/general-freight-rates-canada/