TORONTO, Ont. – TransCore Link Logistics volumes for Canadian and cross-border loads increased 6% from October to November.
In addition, year-over-year volumes jumped 24% compared to November 2015. TransCore says this is a positive sign for November’s freight activity, as this is the first occurrence of a year-over-year increase in over five years — since 2011.
Also, Intra-Canada load volumes represented 27% of the total volumes and climbed 28% compared to November 2015. Cross-border loads averaged 67% of the total data submitted by Loadlink’s Canadian-based customers, and were higher compared to last year. Loads leaving Canada were up 14%, and loads coming into Canada jumped 25% year-over-year.
Equipment capacity in November increased marginally at 2% month-over-month, and by 3% year-over-year. The equipment-to-load ratio improved to 3.18 trucks for every one load in November from 3.32 in October. Year-over-year, this ratio also improved 17% from 3.84 in November 2015.