TORONTO, Ont. — TransCore’s Canadian Freight Index continues to show improvements in spot market freight availability.
The June index showed a 59% improvement in spot market freight availability compared to June 09 and an 11% gain over May 2010.
For the second quarter, the index was up 39% over the first quarter and 70% higher than Q2 2009, TransCore reports. The index is derived from TransCore’s Loadlink freight-matching database and network, which includes more than 12 million loads and trucks per year.
North America-wide, spot market freight availability was up 112% compared to June of 2009. Load volume was 11% lower in June than in May, however, primarily because of a two-month decline in flatbed load availability, which followed five months of extraordinarily high volume in that segment, TransCore reports. Dry van and reefer loads were actually up 2% over May.
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