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TransCore’s Canadian Freight Index up 19% in October

TORONTO, Ont. -- TransCore's Canadian Freight Index surged 19% year-over-year in October. However, the index, which monitors freight movement on the spot market, saw its month-over-month numbers drop 5% to start the fourth quarter.


TORONTO, Ont. — TransCore’s Canadian Freight Index surged 19% year-over-year in October. However, the index, which monitors freight movement on the spot market, saw its month-over-month numbers drop 5% to start the fourth quarter.

October recorded the highest same-month freight volume since October 2005. While October levels were down from the previous month, volume exceeded nine of the 12 months of 2010 and was the seventh highest spot market freight volume this year.

Equipment postings in October were down slightly, 2% behind September volume. Capacity was 8% below recorded levels for October 2010.

The equipment-to-loads remained largely unchanged from September, according to the index.


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