Truck News

News

TransCore’s Canadian Freight Index continues to improve

TORONTO, Ont. -- TransCore's Canadian Freight Index continues to show improvements in spot market freight avai...


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.

 

 


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*