TransCore index shows spot market freight volumes were strong in 2010
TORONTO, Ont. — TransCore’s Canadian Freight Index ended 2010 with a bang, posting the highest ever load volumes for the month of December.
December 2010 load volumes were 5% higher than the previous high for the month, which was in December 2007, TransCore announced. December’s load volumes were also up 4% from November and 34% higher than December 2009.
For the full year, TransCore’s Canadian Freight Index was stronger than in any of the previous five years. Load volumes for 2010 showed monthly year-over-year increases and were 50% higher for seven consecutive months when compared to 2009.
Equipment postings, which have historically decreased for the month of December, did so again in December 2010, reaching their lowest levels of the year. In fact, December 2010 equipment postings were the lowest for the month sine 2007, TransCore announced.
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