GHY Tradelines

(Business Wire)

TransCore Link Logistics reported weaker Canadian Freight Index volumes for April 2013. The month-over-month load volumes had a seven percent decrease and the year-over-year volumes fell behind April 2012 levels by 14 percent.

The equipment postings for April increased by six percent compared to figures from the previous month, and the year-over-year equipment postings saw a significant increase of 11 percent. As a result of these index changes, the equipment-to-load ratio declined considerably for April to 2.35 from 2.08 of the previous month.

Overall load volumes for cross-border postings and intra-Canada postings averaged at 70 and 25 percent respectively. Cross-border loads destined for provinces within Canada were down 21 percent year-over-year compared to April 2012. In contrast, cross-border year-over year loads from Canada to the United States were up substantially by 16 percent.

Intra-Canada year-over-year load volumes for April were down two percent while equipment increased substantially by 24 percent. Read more here.
 

(CGFI)

Results published today by the Canadian General Freight Index (CGFI) indicate that the Total Cost of ground transportation for Canadian Shippers increased by 2.4 % in February when compared with January results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by 1.9 % when compared to January 2013.

Average Fuel Surcharges assessed by Carriers have seen an increase from 20.36 % of Base Rates in January to 21.53 % in February.

“Cross border Truckload continued to drive the increase combined with fuel being at the highest level since May 2012.” said Doug Payne, President  & COO, Nulogx. Read more here.
 

(CTL / Nulogx)

Results published today by the Canadian General Freight Index (CGFI) today indicate that the Total Cost of ground transportation for Canadian Shippers increased by 0 .575 % in January when compared with December results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased marginally by 0.38 % when compared to December 2012. Average Fuel Surcharges assessed by Carriers have seen an increase from 19.66 % of Base Rates in December 2012 to 20.36 % in January 2013.

“Cross border Truckload saw an increase while the other segments (Domestic LTL,TL & Cross Border LTL) had decreases.” said Doug Payne, President & COO, Nulogx. “Of particular note, Total Costs are still trailing behind a year ago levels.”

The CGFI tracks changes in freight costs for Canadian Shippers. The index is published monthly and the results are based on a statistically valid sample of transactions taken from the Nulogx database of more than $750M in annual freight transactions.
 

(Canadian Transportation & Logistics)

There has been an abundance of available freight on the spot market to begin 2013, creating one of the most freight-rich months on record.

The DAT North American Freight Index surged 42% year-over-year in January, and was up 24% compared to December 2012. This marked the first time in the index’s history that January volumes exceeded those of December. On average over the past 10 years, spot market freight has decreased 13% in January compared to December.

Meanwhile, in Canada, TransCore Link Logistics’ Canadian Freight Index showed similar strength. The index recorded the highest load volumes ever for January, surpassing the previous record in January 2011 by 3%. January load volumes in Canada were up 25% from December 2012, and up 4% year-over-year.

The boom in spot market freight availability has some scratching their heads. Is it an indication of a strong freight environment or are other factors are play? Turns out a bit of both. There were more weekdays during the month of January this year, which could’ve had an affect. But there’s more to the sudden surge in spot market freight, according to David Shrader, senior vice-president of DAT’s freight-matching business in Portland, Ore. Read more here.
 

(Truck News)

Results published today by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers declined by 0.86 % in November when compared with October results.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 1.2% when compared to October. Average fuel surcharges assessed by carriers have seen a decrease from 21.27% of base rates in October to 20.46% in November. This is the first decrease in fuel since July.

“Total costs for domestic LTL and truckload continued their increase again this month, while cross-border LTL and truckload costs continue to decline,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI. “Accessorial charges rose marginally after three months of steady costs.”

The CGFI is sponsored by Nulogx, a transportation management solutions provider, and is used by shippers and carriers to benchmark performance, develop business plans, and secure competitive agreements. It was developed with the assistance of Dr. Alan Saipe. The most recent results are available at the CGFI Web site: www.cgfi.ca.
 

(Nulogx)

Results published [this week] by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian Shippers increased by 0.45 % in October when compared with September results.

The Base Rate Index, which excludes the impact of Accessorial Charges assessed by carriers, increased by .01% when compared to September 2012.

Average Fuel Surcharges assessed by Carriers have seen an increase from 20.48% of Base Rates in September 2012 to 21.27% in October 2012. This is the 4th consecutive month of Fuel Surcharges increasing.

“Total Costs for Domestic LTL & Truckload increased this month. Domestic LTL has seen an increase of 13.9% from a year ago while the Domestic Truckload is still 6.5% below a year ago.” said Doug Payne, President & COO, Nulogx. “Cross Border LTL and Truckload were both down in October from September however compared to a year ago LTL and Truckload are up 2.2% & 4.7% respectively.” continued Payne.

Read the complete article (with graphs) here.
 

(Financial Post)

TransCore’s Canadian Freight Index that reflects spot market freight shipments both within Canada and cross border remained steady with an increase of one percent from July. Year-over-year load volumes however were down 13 percent from August 2011.

Cross-border volume accounted for 71 percent of overall loads while intra-Canada freight made up 25 percent of the total load volumes. Read more here.
 

(Canadian Transportation & Logistics)

The cost of ground transportation for Canadian shippers decreased 1.3 % in June when compared with May results, according to the latest results from the Canadian General Freight Index (CGFI).

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by 0.95% when compared to May. Average fuel surcharges assessed by carriers have seen a decrease from 22.1% of base rates in April to 20.8% in June.

“Looking back, total freight costs have now registered close to the same level as June 2011,” said Doug Payne, president and COO of Nulogx, which facilitates the CGFI. “It appears that the combinations of downward pressures on base rates are being offset by higher fuel and accessorial charges from a year ago.” Read more here.
 

(Truck News)

Spot market freight dropped 21% in July, according to the latest figures from TransCore’s Canadian Freight Index, keeping in line with the traditional summer slowdown, the company said. With the annual onset of summer construction, vacations and company shutdown periods, July experienced the third lowest volumes of any month this year; however, it was the fourth most active July on record finishing 5% behind July 2011.

Cross-border postings decreased two points, accounting for 73% of overall load postings. Intra-Canada postings contributed 23% of the total load volumes, increasing 1% from June.

Equipment postings jumped 9% month-over-month and were up significantly year-over- year, increasing 21%. The equipment-to-loads ratio increased in July, reaching the highest levels for 2012. Read more here.
 

TransCore’s spot market Canadian freight index saw a sizeable gain in March with volumes up 24% month-over-month, while the first two months of the year recorded only 1% gains. However, year-over-year volumes were down 18% from the unusual record-setting levels reached in March last year.

While postings by TransCore’s Canadian-based Loadlink customers were down 11% from the first quarter last year, consolidated postings from both U.S.- and Canadian-based subscribers actually increased 3% year-over-year for the first quarter. The increase was primarily attributed to an increase in cross-border postings from U.S.- based companies, which were 63% higher than Q1 2011, according to TransCore. In March, cross-border postings accounted for 69% of activity by Loadlink’s Canadian customers. Intra-Canada postings made up 29% of the total volumes. Import postings constituted 57% of all cross-border postings while export postings accounted for 43%.

Top regions for import loads into Canada were: Ontario (54%), Western (22%), Quebec (21%), and Atlantic (3%). Top regions for import equipment into Canada were: Ontario (52%), Western (23%), Quebec (22%), and Atlantic (3%). Top regions for loads within Canada were: Western (51%), Ontario (24%), Quebec (19%), and Atlantic (6%).

Total equipment postings in March increased 5% from the previous month, while year-over-year capacity was up 9% from March 2011. For the first time in 2012, the monthly equipment-to-loads ratio dipped. Capacity has tightened up compared to the first two months of the year, however, equipment availability remains much more abundant than the tight capacity crunch of March 2011, according to TransCore.
 

(Journal of Commerce Online – William B. Cassidy)

Indexes show shipping costs, spot freight volume edging up in Canada

The Canadian spot market for truckload freight hits its second highest point in 11 years in February, according to TransCore’s Canadian Freight Index.  At the same time, transportation costs are climbing for Canadian shippers, according to the Canadian General Freight Index sponsored by Nulogx.

The TransCore spot market-based index climbed 1% last month from January, with equipment listings on Loadlink climbing 16% year-over-year.  TransCore’s index is based on its Loadlink freight-matching database, which the company says matches more than 13 million Canadian shipments and trucks a year. Read more here.
 

(Canadian Transportation & Logistics)

The cost of ground transportation for Canadian shippers increased 1.1% in December when compared with November results, according to the latest results from the Canadian General Freight Index (CGFI). This marks the tenth consecutive monthly increase for the CGFI, which now sits 8.1% above the December 2010 result.

The Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, remained essentially the same in December versus November. Since December 2010 base rates reported by the CGFI have risen only .8%. Read more here.
 

(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.
 

(Canadian Transportation & Logistics – Lou Smyrlis)

TransCore’s Canadian Spot Market Freight Index had a record-breaking year with the highest annual volume over the last decade.

As the transport year wound down, however, December experienced  a 4% drop year-over-year and a 14% decline from November levels.   Despite the decline in the final month,  fourth-quarter freight was the highest since 2005.  An influx of shipments earlier in the quarter also resulted in an overall increase of 10% compared to the previous year.

Capacity was 7% below recorded levels for December 2011 while the equipment-to-loads ratio increased slightly for the third consecutive month.  Available equipment in December was down 11% from the prior month. Read more here.
 

(Canadian Transportation & Logistics)

TransCore’s Canadian Freight Index remained steady in November with no change from October levels, the company announced. However, year-over-year load volumes increased a “healthy” 17%, according to TransCore officials.

Historically, November experiences a decrease in spot freight, but November 2011 was the second-best November on record, with levels just behind those reached in November 2005. TransCore began recording data in 2001 when TransCore acquired Link Logistics.

Equipment postings in November were up 5% from October, however, the lowest levels for any November since 2005. Capacity was 8% below recorded levels for November 2010.

There was no change in the equipment-to-loads from volumes reached in October.
 

(Canadian Transportation & Logistics)

The cost of ground transportation for Canadian shippers in September remained the same month-over-month, according to the latest figures from the Canadian General Freight Index (CGFI).

However, the Base Rate Index, which excludes the impact of accessorial charges assessed by carriers, decreased by .1% for the same period. It was the first decrease in base rates since March.

Offsetting the decrease in base rates were slight increases in both average fuel surcharges assessed by carriers and other accessorial charges. During this period, fuel surcharges assessed by carriers equated to 20.16% of base rates, up from 20.1% in August. The combined effect of lower base rates and higher accessorial charges resulted in no change in average transportation costs for Canadian shippers, according to the report. Read more here.
 

TransCore’s Canadian Freight Index surged 19% year-over-year in October. However, the index, which monitors freight movement on the spot market, saw its month-over-month numbers drop 5% to start the fourth quarter.

October recorded the highest same-month freight volume since October 2005. While October levels were down from the previous month, volume exceeded nine of the 12 months of 2010 and was the seventh highest spot market freight volume this year.

Equipment postings in October were down slightly, 2% behind September volume. Capacity was 8% below recorded levels for October 2010.

The equipment-to-loads remained largely unchanged from September, according to the index.
 

(Transcore via The Financial Post)

TransCore’s Canadian Freight Index saw load volumes remain strong in September with a 12% increase year-over-year and down slightly from August levels.  September recorded the sixth highest load volume this year, the highest September volume for the last five years, and remains at pre-recessionary levels.

Third-quarter volume was the highest since TransCore began recording data in 2001 when TransCore acquired Link Logistics.  The quarter was also up 9% from Q3 2010.  Third quarter also reflects the annual summer slow-down in freight movement and saw an 18% decrease from second quarter 2011. Read more here.
 

The cost of ground transportation for Canadian shippers increased 1.2% in July when compared to June, according to results published by the Canadian General Freight Index (CGFI).

The Base Rate Index, which excludes the impact of fuel surcharges assessed by carriers, has increased for four consecutive months including a 1.4% increase in July. However, base rates remain 3.6% below the same period in July 2010.

Average fuel surcharges assessed by carriers declined from 19.3% of base rates in June to 19.0% in July.

“It appears there is a trend toward marginal increases in base rates,” said Doug Payne, president and chief operating officer of Nulogx. “If carriers continue to manage their capacity and price rationally we may see this trend continue, however that could be offset if there is a slowing economy.”
 

(Canadian Transportation & Logistics – Lou Smyrlis)

TransCore’s Canadian Freight Index for the nation’s spot market for truck freight in August was up 10% from July 2011 and had a 12% increase year-over-year.  August 2011 freight volumes were the highest for same month over the last five years.

Equipment postings in August reached the highest levels for 2011, with capacity up over 11% from last month’s total. Capacity was three percent above recorded levels for August 2010. Read more here.