TransCore’s Canadian Freight Index remains steady in November
December 13, 2012
TORONTO, Ont. - TransCore’s Link Logistics Canadian Freight Index saw no change in month-over-month volumes for November. Year-over-year load volumes were down 15% from November 2011. In spite of the decrease, load volumes are still well...
TORONTO, Ont. – TransCore’s Link Logistics Canadian Freight Index saw no change in month-over-month volumes for November. Year-over-year load volumes were down 15% from November 2011. In spite of the decrease, load volumes are still well above the November 2008 recessionary levels by 51%.
Cross-border postings were very similar to October’s, which accounted for 69% of overall load volumes. Intra-Canada postings contributed 26% of the total load volumes, a decrease of 1% from the previous month.
Equipment postings dipped slightly at five percent month-over-month however experienced a year-over-year increase of 17%. Available capacity corresponds with numbers shown in November 2007.
The top states of origin for loads destined to Canada were Ohio, California, Pennsylvania, Illinois, and Texas. Texas moved from last month’s eighth spot to replace Michigan in the number five spot for November.
Top destinations for loads imported into Canada were:
• Ontario 56.5%
• Western 21.2%
• Quebec 20.1%
• Atlantic 2.1%
Top regions for import equipment into Canada were:
• Ontario 51.5%
• Western 22.6%
• Quebec 22.1%
• Atlantic 3.9%
Regions of origins of loads within Canada were:
• Western 49%
• Ontario 29%
• Quebec 16%
• Atlantic 6%
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