Load volumes continue upward trend: Transcore

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TORONTO, ON – January freight volumes for TransCore’s Link Logistics continue an upward trend after a surge in freight volume in December 2016.

Although the record for highest load volumes for January was set in 2014, last month’s load volumes are the second highest recorded for the month of January, and compared to last year load volumes have leaped 43% year-over-year.

Claiming 24% of the total volumes, intra-Canada loads climbed 45% compared to January 2016.

Averaging at 72%, cross-border loads were up 5% from 67% in December 2016, while loads leaving Canada were up 35%, and loads coming into Canada sprang up 45% year-over-year.

January saw the truck-to-load capacity gap continue to narrow as it tightened to 2.10 trucks for every load available. The truck-to-load ratio has improved by 34% compared to January 2016 when the ratio was 3.18.

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John G. Smith is the editorial director of Newcom Media's trucking and supply chain publications -- including Today's Trucking, trucknews.com, TruckTech, Transport Routier, and Road Today. The award-winning journalist has covered the trucking industry since 1995.

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