Skip to content
  • 14-DAY MONEY-BACK GUARANTEE
  • 1.800.263.6149
  • TRY LOADLINK
  • CUSTOMER
    • Loadlink
    • Driverlink
    • ePay
  • EN
    • EN
    • FR
Loadlink Logo Loadlink Logo Loadlink Logo
  • Carriers
    • FIND LOADS
      carrier loadboard image
    • GET PAID WELL
      Rate Index Banner Image
    • CARRIER PRODUCTS

      Loadlink

      Rate Index

      Carrier Plans

      LinkDispatch

      Driverlink

      Advertise

    • MEMBER BENEFITS

      Carrier Compliance

      Partnership Programs

    • Ready to see Loadlink help make you more money at record speed?

      Sign Up
    • Hidden
  • Brokers
    • Hidden
    • FIND TRUCKS
      loadlink image
    • RateIndex
      Rate Index Menu
    • BROKER PRODUCTS

      Loadlink

      Rate Index

      Broker Plans

      LinkDispatch

      Advertise

    • Ready to see Loadlink help make you more money at record speed?

      Sign Up
    • Hidden
  • Hidden Space
  • Hidden Space
  • Company
    • Hidden Space
    • Hidden Space
    • THE PEOPLE BEHIND THE TECHNOLOGY!
    • OUR COMPANY

      About Loadlink

      Events

      How We Give

      Link’s Newsroom

      Freight Trends

    • CAREERS

      Working With Us

      Student & New Grads

      We Are Hiring

    • Hidden Space
  • Get In Touch
  • Careers
  • Carriers
    • FIND LOADS
      carrier loadboard image
    • GET PAID WELL
      Rate Index Banner Image
    • CARRIER PRODUCTS

      Loadlink

      Rate Index

      Carrier Plans

      LinkDispatch

      Driverlink

      Advertise

    • MEMBER BENEFITS

      Carrier Compliance

      Partnership Programs

    • Ready to see Loadlink help make you more money at record speed?

      Sign Up
    • Hidden
  • Brokers
    • Hidden
    • FIND TRUCKS
      loadlink image
    • RateIndex
      Rate Index Menu
    • BROKER PRODUCTS

      Loadlink

      Rate Index

      Broker Plans

      LinkDispatch

      Advertise

    • Ready to see Loadlink help make you more money at record speed?

      Sign Up
    • Hidden
  • Hidden Space
  • Hidden Space
  • Company
    • Hidden Space
    • Hidden Space
    • THE PEOPLE BEHIND THE TECHNOLOGY!
    • OUR COMPANY

      About Loadlink

      Events

      How We Give

      Link’s Newsroom

      Freight Trends

    • CAREERS

      Working With Us

      Student & New Grads

      We Are Hiring

    • Hidden Space
  • Get In Touch
  • Careers
  • Carriers
    • Loadlink
    • Rate Index
    • Carrier Plans
    • LinkDispatch
    • Driverlink
    • Advertise
    • Member Benefits
      • Carrier Compliance
      • Partnership Programs
  • Brokers
    • Loadlink
    • Rate Index
    • Broker Plans
    • LinkDispatch
    • Advertise
  • Company
    • About Loadlink
    • Events
    • How We Give
    • Link’s Newsroom
    • Freight Trends
    • Careers
      • Make a Big Impact
      • Life at Loadlink
      • Students & New Grads
      • We Are Hiring
  • Customers
    • Loadlink
    • Driverlink
    • ePay
  • Get In Touch

Loadlink’s April Conditions Presented Opportunity for Brokers to Capitalize on Carrier Abundance

Previous Next

Loadlink’s April Conditions Presented Opportunity for Brokers to Capitalize on Carrier Abundance

TORONTO – Carriers on TransCore Link Logistics’ Canadian spot market saw a new monthly record in highest ever truck postings, as reported on Loadlink’s load-matching system. Load postings took an expected seasonal fall compared to March; however, the last week of April saw a 14 percent boost in load volumes compared to the previous week and were up nine percent when compared to the first week of April.

Month-over-month, April’s load volumes finished 17 percent lower than March. These numbers were down 41 percent year-over-year. Although April is typically the lowest performing month in the second quarter, strengthening load volumes near the month’s end may provide some optimism for early May volumes.

Intra-Canada loads accounted for 33 percent of the total volumes. Load postings within Canada decreased three percent compared to March and were down 26 percent year-over-year.

  • Loads entering Canada from Ontario, Western and Atlantic Canada decreased 32, 12, and 12 percent, respectively.
  • Loads entering Canada from Quebec increased two percent.
  • Loads leaving all regions of Canada to destinations in Canada decreased.
    • Western Canada-bound loads decreased 22 percent.
    • Ontario-bound loads decreased 18 percent.
    • Quebec-bound loads decreased 16 percent.
    • Atlantic Canada-bound loads decreased 10 percent.

Cross-border load postings represented 65 percent of the data submitted by Loadlink users.

An overall decline of 16 percent in cross-border load postings was observed in April.

  • Loads leaving Canada to the United States decreased 31 percent; however, loads entering Canada from the U.S. slipped 14 percent.
  • Loads from the U.S. entering Ontario decreased 10 percent, while loads entering Western Canada decreased 26 percent.
  • Loads from the U.S. entering Quebec and Atlantic Canada only declined a slight two and six percent, respectively.

Equipment Performance

April equipment numbers, as well as the daily average number of truck postings, increased 13 percent. Compared to April 2018, capacity was up 68 percent year-over-year. Equipment numbers for the month was the highest for any month ever recorded in Loadlink’s database.

Truck-to-Load Ratio

The truck-to-load ratio in April was 3.78, constituting a 36 percent increase over the March value of 2.79. New record high truck volumes combined with the seasonal dip of load volumes that normally occurs in April resulted in a very high ratio. Year-over-year, the average ratio increased 185 percent from 1.32 in April 2018.

About TransCore Indexes

Truckload spot rates in specific areas can be accessed from TransCore’s Rate Index truckload rating tool, and real-time and historical data on total truck and load volumes, as well as ratios in specific areas can be accessed from TransCore’s Posting Index.

TransCore’s Canadian Freight Index accurately measures trends in the truckload freight spot market. The components of the Freight Index are comprised from roughly 6,400 of Canada’s trucking companies and freight brokers; this data includes all domestic, cross-border and interstate data submitted by Loadlink customers.

About TransCore Link Logistics

Looking for a better way to match available freight loads with trucks, TransCore Link Logistics in 1990 developed Loadlink, a load board connecting brokers, carriers, owner operators and private fleets in Canada to a real-time database of 18 million loads, shipments and trucks – the largest in the industry. The monthly Canadian Freight Index now defines the freight movement spot market. The company also provides its customers with dispatch solutions, ACE/ACI eManifest, Posting Index, Rate Index, credit solutions, factoring, an online transportation job board, mileage software and more.

More information on TransCore Link Logistics can be found at www.transcore.ca, @loadlink on Twitter, on YouTube, on Facebook and on LinkedIn.

Select a Year

2018 Link News (1) 2019 Link News (13)

Recent Posts

  • Senior Systems Administrator
  • Balance in the Canadian spot market has shifted this June, with capacity now growing quickly and demand softening
  • Software Development Manager
  • Canadian spot market continues to shift this May, as the market cools from pandemic-induced highs.
  • Canadian spot market loads fell slightly in April, though are still much stronger than in previous years
craftmanships2019-09-04T19:36:10+00:00May 13th, 2019|News|

Get in Touch with Us

2 Robert Speck Parkway, Suite 900
Mississauga, Ontario L4Z 1H8

Create a profile to save your lanes searches and get updates instantly!

Your Content Goes Here

1.800.263.6149

905.795.0580

Make Money with Us

  • Carriers
  • Brokers
  • Advertise

GET TO KNOW US

  • About
  • Events
  • Link News
  • Careers

Popular Links

  • Partner with Us
  • Demo Loadlink
  • Contests
  • Contact