TORONTO, Ont. — TransCore’s Canadian Freight Index showed a 37% increase in freight volumes for November compared to the same month last year.
Volumes were also up 2% compared to October 2010, despite the fact the month usually shows a decline following the US Thanksgiving, TransCore notes. November’s results reflect the first month-over-month increase in load posting activity since August and this November’s freight availability was the highest for the month since 2007.
TransCore also noted that capacity improved in November. For the first time since January, equipment postings increased a modest 1% (year-over-year). This follows double-digit decreases through much of 2010.
TransCore derives its index from its Loadlink freight-matching service, which includes more than 13 million loads and trucks each year.
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