TransCore’s Canadian Freight Index sees summer slow-down

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TORONTO, Ont. –TransCore’s Canadian Freight Index for July was down 22% month-over-month, but had a 3% increase year-over-year. For the last five years, July has experienced a decrease from June levels; however, July 2011 had the biggest decline in volumes since July 2007.  

Equipment postings in July dropped from the increases of the past two months. Capacity was also down 10% from July 2010 and at the lowest recorded level for the month of July in more than five years. With lower volumes in load availability, the equipment-to-loads ratio saw an increase in July, reaching levels not seen since January of this year.

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