TORONTO, Ont. – TransCore Link Logistics revealed today that volumes for Canadian and cross-border loads stayed strong through the second quarter of 2016.
Compared to last month, volumes were flat, down marginally by two percent month-over-month. Year-over-year volumes were lower by six percent compared to June 2015. The second quarter of 2016 showed improved load volumes, up 11 percent compared to the previous quarter. Year-over-year for the quarter, volumes dropped eight percent.
In addition, TransCore found that intra-Canada load volumes represented 26 percent of the total volumes and improved six percent compared to June 2015. As well, cross-border loads averaged 70 percent of the total data submitted by Loadlink’s Canadian-based customers. Loads leaving Canada droppped by three percent, and loads coming into Canada decreased 10 percent year-over-year. However, quarter-over-quarter, loads coming into Canada jumped 28 percent.
Furthermore,equipment capacity loosened in June. Posted equipment increased four percent month-over-month and were up 11 percent year-over-year. The equipment-to-load ratio increased to 3.01 trucks for every load available, up from 2.84 in May. Year-over-year, this ratio increased from 2.53 in June 2015, representing a 19 percent change.
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