Ten Percent Rebound on TransCore’s Canadian Freight Index
TORONTO — TransCore Link Logistics’ Canadian Freight Index for May had a healthy 10 percent rebound from the previous month. Compared to May 2012, however, load volumes were 16 percent lower.
Cross-border postings for May averaged 71 percent of total volumes. Down 16 percent from May 2012 were cross-border loads destined for Canada, but cross-border loads headed south showed no change year-over-year.
Intra-Canada load volumes clocked in at 24 percent of May’s total volumes, down 10 percent year-over-year.
Here’s May’s Breakdown:
Cross Border Loads into Canada:
By Region of Destination:
Ontario 57 percent
Western 19 percent
Quebec 22 percent
Atlantic 3 percent
Cross Border Equipment into Canada:
By Region of Destination:
Ontario 50 percent
Western 24 percent
Quebec 22 percent
Atlantic 4 percent
Intra-Canada
By Region of Origin:
Western 37 percent
Ontario 32 percent
Quebec 23 percent
Atlantic 8 percent
By Region of Destination:
Western 31 percent
Ontario 39 percent
Quebec 26 percent
Atlantic 4 percent
Equipment Availability:
Equipment postings increased two percent from last month’s levels and increased three percent from May 2012
The top equipment postings:
Dry Vans 50 percent
Reefers 21 percent
Flatbed 19 percent
Other 10 percent
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