TORONTO — TransCore’s Canadian Spot Market Freight Index had a record-breaking year with the highest annual volume over the last decade, announced Transcore today.

As the year came to a close, December saw a 4 percent drop year-over-year and a 14 percent decline from November levels.

However, Transcore says that overall, fourth-quarter freight was the highest since 2005. A flood of shipments earlier in the quarter also resulted in an overall increase of 10 percent compared to the previous year.

Capacity came in at 7 percent below recorded levels for December 2011 while the equipment-to-loads ratio increased slightly for the third consecutive month.

Available equipment in December was down 11 percent from the prior month.

December’s top three equipment types were:

Dry Van: 54 percent
Reefer: 18 percent
Flatbed: 17 percent

Cross-border load and truck postings for December accounted for approximately 70 percent of the data submitted by Loadlink’s Canadian-based customers, Transcore said, with the balance posted within Canada.