TransCore’s Canadian Freight Index steady in September, best third quarter in 10 years

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TORONTO, Ont. — TransCore’s Canadian Freight Index saw load volumes remain strong in September with a 12 percent 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 percent from Q3 2010.  Third quarter also reflects the annual summer slow-down in freight movement and saw an 18 percent decrease from second quarter 2011. 

Equipment postings in September were down 6 percent from this year’s record setting month in August. Capacity was 6 percent below recorded levels for September 2010, while the equipment-to-loads ratio dropped slightly for the first time since June 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, TransCore 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.

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