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TransCore freight index surges (May 18, 2010)

PORTLAND, Ore. -- TransCore's North American Freight Index suggests spot market freight is up almost 300%...


PORTLAND, Ore. — TransCore’s North American Freight Index suggests spot market freight is up almost 300% compared to a year ago.

The index also reached its strongest month since November 2005, which was a record year for spot market freight.

Load volume was up nearly 25% compared to March, more than double the average month-over-month increase for this season, TransCore reports. The company is on pace to post more than 60 million loads and trucks this year across its services.


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