Canadian Spot Market Freight Volumes Drop
TORONTO — As with all other reports on North American freight in September, TransCore’s Canadian Freight Index also saw a drop in month-over- month spot market freight volumes.
The drop was 15 percent from August, reported TransCore. Year-over-year load volumes were down 24 percent from September 2011. Quarterly figures were down 14 percent year-over-year while truck capacity was up 13 percent.
Both equipment and load postings decreased, as well, but “the equipment to loads ratio for September widened to levels previously seen more than two years ago,” TransCore said. ” The variance, however, is reflective of previous third quarter results leading into fourth quarter. Available capacity is comparable to April 2012, which is typical for the month of September.”
Here’s your breakdown:
Top states of origin for loads destined to Canada:
Ohio
Pennsylvania
California,
Illinois
Indiana
Top destinations for freight originating in Canada:
New York
Texas
Pennsylvania
California
New Jersey (bumped Florida from spot number five).
Regional Breakdowns
Top destinations for loads imported into Canada were:
Ontario 54 percent
Western 22 percent
Quebec 21 percent
Atlantic 3 percent
Top regions for import equipment into Canada were:
Ontario 52 percent
Western 24 percent
Quebec 21 percent
Atlantic 3 percent
Regions of origins of loads within Canada were:
Western 43 percent
Ontario 27 percent
Quebec 22 percent
Atlantic 8 percent
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.