TransCores Canadian Freight Index Records Highest August Spot Market Freight Volume
TransCores Canadian Freight Index showed a 50 percent year-over-year increase in spot market freight volume with a two point increase from July. Freight for the month of August registered the highest volume ever recorded for the same month in the last five years.
Combined cross-border loads were 55 percent higher year-over-year
while equipment availability dropped 16 percent as compared to August
2009. Increasing level of freight availability along with a decline in
trucks searching for loads has been the steady pattern throughout the
last eight months.
while equipment availability dropped 16 percent as compared to August
2009. Increasing level of freight availability along with a decline in
trucks searching for loads has been the steady pattern throughout the
last eight months.
About TransCores Canadian Freight Index
TransCores Loadlink freight matching database constitutes the largest Canadian network of carriers, owner operators, freight brokers and intermediaries and has been available to Canadian subscribers since its inception in 1990.Over 12 million full loads, ltl (less than truck load) shipments and trucks are posted to the Loadlink network annually. As a result of this high volume, TransCores Canadian Freight Index is representative of the ups and downs in spot market freight movement and provides a historical account of the domestic and cross border spot market freight movement.
The Loadlink network provides Canadian based companies with:
- The largest online database of available loads and trucks
- Unlimited access to the network and integrated services
- Guaranteed payment
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