Truck News

News

TransCore’s Canadian Freight Index continues to show y-o-y improvement

TORONTO, Ont. -- TransCore's Canadian Freight Index is continuing to show record strength for spot market freight availability.


TORONTO, Ont. — TransCore’s Canadian Freight Index is continuing to show record strength for spot market freight availability.

The company’s September index showed a 30% increase year-over-year while falling 6% off August’s total. Similar to North American data, spot market freight volume in Canada posted a new record in September, when compared to the same time in the last five years.

Load volume for the third quarter was up 44% over Q3 2009, but spot freight availability softened by 15% from its peak in the second quarter, TransCore reports.

Equipment availability dropped 12% in September compared to September 2009. Capacity was up 3% over the second quarter figures, resulting in an improvement in TransCore’s load-to-truck ratio. TransCore’s Canadian Freight Index is derived from its Loadlink freight-matching database.


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Your email address will not be published.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 *

*