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Canadian Freight Index dips in April: TransCore Link Logistics

TORONTO, Ont. -- Freight volumes fell 7% month-over-month in April and 14% year-over-year, according to the latest figures from TransCore Link Logistics’ Canadian Freight Index. The equipment postings for April increased by 6% compared...


TORONTO, Ont. — Freight volumes fell 7% month-over-month in April and 14% year-over-year, according to the latest figures from TransCore Link Logistics’ Canadian Freight Index.

The equipment postings for April increased by 6% compared to figures from the previous month, and the year-over-year equipment postings saw a significant increase of 11%. As a result of these index changes, the equipment-to-load ratio declined considerably for April to 2.35 from 2.08 of the previous month.

Overall load volumes for cross-border postings and intra-Canada postings averaged at 70% and 25%, respectively. Cross-border loads destined for provinces within Canada were down 21% year-over-year in April. In contrast, cross-border year-over year loads from Canada to the US were up substantially by 16%.

Intra-Canada year-over-year load volumes for April were down 2% while equipment increased substantially by 24%.

Information within the freight index includes all domestic, cross-border and interstate data submitted by Loadlink’s Canadian-based customers.


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