Higher freight volumes to close third quarter of 2016
TORONTO, Ont. – Freight volumes for Canadian and cross-border loads closed higher for the third quarter of 2016, up 5% month-to-month and 10% compared to September 2015, according to TransCore Link Logistics.
Compared to the third quarter of 2015, load volumes were down 8% in this year’s third quarter, but year-over-year volumes were higher by 7% when compared to the third quarter last year.
Intra-Canada load volumes accounted for 29% of the total volumes, up 13% from the same time last year, while cross-border loads averaged 66% of the total data submitted by Canadian based customers. Loads leaving Canada were up 2% and loads entering Canada increased 18% year-over-year.
TransCore also found a decrease in equipment capacity by 9% month-over-month, but up 3% year-over-year, with an equipment-to-load ratio decline to 3.10 trucks for every available load from 3.58 in August and 3.29 in September 2015.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.