TORONTO, Ont. – TransCore Link Logistics volumes for Canadian and cross-border loads jumped in May to the highest load levels year-to-date.
Compared to April, volumes increased 22%. As well, May’s volumes delivered the highest month-over-month increase in over two years. Year-over-year volumes were essentially flat, lower by only 2% compared to May 2015.
Year-over-year showed an improved market for distribution of loads within Canada and cross-border for the month of May. In the past four months, year-over-year volumes within Canada and cross-border picked up modestly with load levels levelling in May.
Intra-Canada load volumes represented 25% of the total volumes and dipped by 1% year-over-year. Cross-border loads averaged 71% of the total data submitted by Loadlink’s Canadian-based customers. Loads leaving Canada were down by 4%, and loads coming into Canada showed no change year-over-year.
In addition, posted equipment was flat month-over-month. However, these postings represent a 14%increase year-over-year. For the first time in 10 months, the equipment-to-load ratio decreased to under three trucks for every load available, dropping to 2.84 from 3.47 in April. Year-over-year, this ratio increased from 2.53 in April 2015 – a 19% change.