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Canadian spot market down slightly in August

TORONTO, Ont. -- Canadian spot market freight availability took a small step back in August, according to the latest data from TransCore Link Logistics.


TORONTO, Ont. — Canadian spot market freight availability took a small step back in August, according to the latest data from TransCore Link Logistics.

The company noted month-over-month and year-over-year load volumes were down about 2%. Load volumes for August were on par with April of this year, with cross-border loads accounting for 68% of the total posted volumes.

Loads originating in the US destined for Canada were down 11% year-over-year in August. Cross-border loads starting in Canada, destined for the US were up 6% y-o-y.

The top five states for loads destined to Canada were from: Ohio, Pennsylvania, Illinois, Indiana and Michigan. The five top states where loads originating in Canada were headed, included: New York, California, Pennsylvania, Texas and Florida.

Intra-Canada load volumes were down 1% year-over-year and represented 26% of total volumes in August.

Equipment postings were also calm in August, after hitting a 10-year high last month, TransCore reported. Equipment postings were down 3% month-over-month but were 7% above posting levels for the same time last year.


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