Keyword
spot market
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Spot market pressures to persist: ACT
COLUMBUS, Ind. – Spot market pressure is expected to persist, as more trucking capacity comes online, according to ACT Research’s Freight Forecast. The industry forecaster said it expects excess capacity to exert more downward pressure on truckload spot rates. “The…
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Canadian spot market sees more trucks per load in July
TORONTO, Ont. – Loads were down, trucks were up in the spot market in July, according to the latest data from TransCore Link Logistics. There was a 9% decline in loads compared to June, with 15% more truck capacity chasing…
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Spot market load volumes, equipment postings both decline
TORONTO, Ont. – In a month that normally marks an increase in volumes, Canadian spot market load volumes declined 7% in June. June volumes were down 39% year-over-year. However, an even greater decline in truck postings caused truckload capacity to…
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Spot market load volumes increased in May
TORONTO, Ont. – The Canadian spot market heated up in May, with load volumes rising against a lesser increase in truck volumes. TransCore Link Logistics reported daily average load postings surged 9% the week after an announcement to end steel…
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Record number of trucks in Canada’s spot market
TORONTO, Ont. – There were more trucks chasing loads in Canada’s spot market in April than an any other month in history, according to TransCore Link Logistics. Meanwhile, load postings took an expected turn down compared to March, but the…
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Canadian spot market load volumes set record in 2018
TORONTO, Ont. – It was a record year for Canadian spot market load volumes in 2018, but the capacity crunch appears to be easing. TransCore Link Logistics reported the fourth quarter ended with the lowest load volumes on the year,…
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Canadian spot market flat in November
TORONTO, Ont. – The Canadian spot market was largely flat in November, according to TransCore Link Logistics. Load and truck availability were relatively even. Loads increased prior to Black Friday, but dropped sharply just prior to the start of the…
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Capacity increasing in Canadian spot market
TORONTO, Ont. – There were more trucks chasing every load in the Canadian spot market in October than in two years, according to TransCore Link Logistics. Truck capacity reached an all-time high in October, with equipment postings up 22% compared…
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Canada’s spot market sees more capacity, less freight
TORONTO, Ont. – Canadian spot market load volumes increased towards the end of September, but third quarter volumes were 29% off unprecedented Q2 numbers. Third quarter load volumes were only 11% lower year-over-year, according to TransCore Link Logistics. The truck-to-load…
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Canadian spot market remains strong in Q2
TORONTO, Ont. – Canadian spot market load volumes through the first half of 2018 were up 43% over the same six months in 2017, according to TransCore Link Logistics’ Freight Index. They were also 33% stronger than the second half…
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May continues record-setting year for Canadian spot market
TORONTO, Ont. – A record-setting year for Canadian spot market load volumes continued in May, according to the latest data from TransCore Link Logistics. May volumes were up 23% year-over-year, marking the highest May on record. Volumes were up 1%…
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Canada’s spot market cooled slightly in April
TORONTO, Ont. – Canadian spot market load volumes were down 19% in April, but remained 42% higher year-over-year, marking the strongest ever April. That’s according to TransCore Link Logistics, which measures load activity across its load board. In April, intra-Canada…
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Canadian spot market load volumes surging
TORONTO, Ont. – Canadian spot market load volumes are soaring, as shown by TransCore’s Loadlink data. The year has started with high truckload volumes in all Canadian regions, TransCore reported, with the total number of loads posted and cross-border load…
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February spot market second strongest month ever
TORONTO, Ont. – TransCore has reported loads posted to its Loadlink freight matching service declined in February by 9% off historically high levels. However, TransCore said load volumes are still higher than average, setting the bar for a strong year.…
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Canada’s spot market freight volumes reach record high
TORONTO, Ont. – TransCore Link Logistics reports that January spot market load volumes on its LoadLink load board reached an all-time high. Canadian and cross-border load volumes surpassed all previous records, surging 81% year-over-year and 41% compared to December 2017.…
