Canadian Freight Index Climbs Eight Percent, reports TransCore
TORONTO — After September’s dip, TransCore’s Link Logistics said its Canadian Freight Index rose eight percent in month-over-month volumes for October.
“Year-over-year was down 14 percent from the particularly high levels of October 2011,” Transcore said.
“Cross-border postings accounted for 69 percent of overall load postings while intra-Canada postings made up 27 percent of the total volume.
Equipment postings increased 21 percent month-over-month and 30 percent year-over-year. Available capacity is comparable to the October 2007 level. While a decrease was detected in load postings, an increase was seen in equipment postings. The equipment to loads ratio for October widened 2007 levels, as well.
Top States of Origin for Loads Destined to Canada
Top Destinations for Freight Originating in Canada
Top destinations for loads imported into Canada
Ontario 55.5 percent
Western 22 percent
Quebec 20 percent
Atlantic 2.5 percent
Top regions for import equipment into Canada
Ontario 52 percent
Western 23 percent
Quebec 21 percent
Atlantic 4 percent
Regions of origins of loads within Canada
Western 46 percent
Ontario 30 percent
Quebec 18 percent
Atlantic 6 percent
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