TORONTO, ON – November was the sixth month in a row Canadian load volumes rose at a record pace, according to analysts at TransCore Link Logistics.
The group reported a 57% year-over-year gain on the month, leaving it tied with October which posted the same gains over 2016.
Loads carried within Canada accounted for 27% of the total volumes for November, a 54% increase over the same month in 2016, while cross-border loads represented 70% of the data submitted by TransCore’s users.
Loads heading south from Canada were up 72% year-over-year, while loads entering the country increased by 57% for the same period.
As loads increased, equipment postings decreased, with a 20% dip from 2016. November showed the tightest truck-to-load ratio all year.
TransCore’s data is comprised of information provided from 5,500 fleets and brokers in Canada that use it’s Loadlink service.
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