TransCore’s Canadian Freight Index up 53% in July

Avatar photo

TORONTO, Ont. — TransCore’s Canadian Freight Index saw a 53% increase year-over-year in July. After registering continuous increases from January to June this year, with June being the highest recorded freight volume since June 2008, July freight volume dipped slightly by 19% compared to the previous month. This fluctuation is consistent with the five-year historical trend representing seasonality, vacation and construction activity, according to TransCore officials.

Combined cross-border loads were up 69% year-over-year while equipment availability continued to decrease by 18% from July 2009.

TransCore’s Canadian Freight Index is representative of the ups and downs in spot market freight movement and provides a historical account of the domestic and cross border spot market freight movement.

Avatar photo

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.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.