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TransCore’s Freight Index shows continued improvements

TORONTO, Ont. - TransCore's Canadian Freight Index continues to show improvements in spot market freight availability.


TORONTO, Ont. –TransCore’s Canadian Freight Index continues to show improvements in spot market freight availability.

The June index showed a 59% improvement in spot market freight availability compared to June 09 and an 11% gain over May 2010.

For the second quarter, the index was up 39% over the first quarter and 70% higher than Q2 2009, TransCore reports. The index is derived from TransCore’s Loadlink freight-matching database and network, which includes more than 12 million loads and trucks per year.

North America-wide, spot market freight availability was up 112% compared to June of 2009. Load volume was 11% lower in June than in May, however, primarily because of a two-month decline in flatbed load availability, which followed five months of extraordinarily high volume in that segment, TransCore reports. Dry van and reefer loads were actually up 2% over May.


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