TORONTO, Ont.– TransCore Link Logistics volumes for Canadian and cross-border loads finished strong in the second quarter of 2016, and then went through a routine mid-year low.
Compared to last month, volumes dropped by 20%, falling to their lowest levels year-to-date. Despite this decline from June to July, year-over-year volumes were flat compared to July 2015.
As well, Intra-Canada load volumes represented 30% of the total volumes and improved five per cent compared to July 2015. Cross-border loads averaged 65% of the total data submitted by Loadlink’s Canadian-based customers. Loads leaving Canada were higher by three per cent, and loads coming into Canada were slightly lower by two per cent year-over-year.
In addition, equipment capacity decreased for the first time in six months, lower by four per cent from June to July and down two per cent year-over-year. The equipment-to-load ratio increased to 3.62 trucks for every load available, up from 3.01 in June. Year-over-year, this ratio decreased three per cent from 3.71 in July 2015.