Transcore’s Canadian Freight Index Starts 2012 with Slight Uptick in January Results
(Canadian Transportation & Logistics)
TransCore’s Canadian spot market freight index saw a steady start to the new year with volumes increasing one percent from December while year over year it was off slightly by 1% from January 2011.
Intra-Canadian loads accounted for 28% of the volume. Top regions for loads within Canada were:
• Western 53%
• Ontario 23%
• Quebec 18%
• Atlantic 6%
Equipment postings in January increased 11% from the previous month; while year-over-year capacity was unchanged from January 2011.
The equipment-to-loads ratio increased from December, matching the volumes recorded in January 2011.
TransCore’s Loadlink freight matching database constitutes the largest Canadian network of carriers, owner operators, freight brokers and intermediaries and has been available to Canadian subscribers since its inception in 1990. Over 13 million full loads, LTL (less than truck load) shipments and trucks are posted to the Loadlink network annually. As a result of this high volume, TransCor believes its Canadian Freight Index is representative of the ups and downs in spot market freight movement and provides a historical account of the domestic and cross border spot market freight movement.
Date: February 23, 2012