TransCore’s Canadian Freight Index sets new all-time record

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TORONTO, Ont. — TransCore’s Canadian Freight Index set a new all-time record in March, topping its previous record from May 2008. Volumes for March were up 35% from the previous year and 36% from the prior month.

For the first quarter of 2011, volume was up 34% compared to the first quarter of 2010 and saw a massive 250% increase from March 2009.

 While load volume reached an all-time high, equipment postings remained at the same low levels recorded for the prior few months. From an historical perspective, available posted equipment was down 24% from the capacity levels of March 2009.

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