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

Ohio

Pennsylvania

Illinois

California

Michigan

Top Destinations for Freight Originating in Canada

New York

Pennsylvania

Texas

California

Florida

Regional Breakdowns

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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