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Spot market sees modest rise in June: TransCore report

TORONTO, Ont. -- TransCore's Canadian Spot Market Freight Index posted its third straight month of increased freight volume for the quarter, the company announced. Month-over-month, load volume in the spot market saw a 3% increase, continuing...


TORONTO, Ont. — TransCore’s Canadian Spot Market Freight Index posted its third straight month of increased freight volume for the quarter, the company announced. Month-over-month, load volume in the spot market saw a 3% increase, continuing to climb back from the April decline following a record-breaking March.  

The Canadian Freight Index also recorded the second highest freight volume of the year, consistent with the North American Freight Index. Year-over-year, June recorded a 7% increase from June 2010. Second quarter freight rose 14% compared to the first quarter and 10% compared to the second quarter in 2010.

Equipment postings recorded the highest level for 2011, with capacity up approximately 2% from last month’s total; however, capacity continues to remain slightly below 2010 levels. Even with the higher volumes in equipment availability, the equipment-to-loads ratio recorded the lowest number or equipment-to-loads ever measured, TransCore reported.


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