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

Mon, 05/13/2019 - 07:36
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...

Loadlink’s First Quarter Freight Volumes Showed Improvement while Irregular March Volumes Set New Precedents

Mon, 04/15/2019 - 08:14
TORONTO – TransCore Link Logistics’ Canadian spot market saw a dramatic shift from the norm in March, setting multiple new precedents during the month. For the first time in Loadlink history, load volumes in March were below that of the February preceding it. Truck volumes climbed upwards to cement March 2019 as the month with the second highest total truck volumes in history, behind only October 2018. The highest number of truck postings ever recorded on Loadlink for a single day occurred on March 25, 2019. Month-over-month, March’s load volumes finished seven percent lower than February,...

TransCore Link Logistics hosts a “full house” at LinkMixer Networking Event

Tue, 03/26/2019 - 14:12
TORONTO - Who said networking events are boring? TransCore Link Logistics brought the party at their second annual LinkMixer Networking Event. On March 20th, hundreds of transportation representatives celebrated the commencement of spring at the TransCore Link Logistics offices in Mississauga. On top of cocktails, appetizers and prizes, guests tried their luck at several different casino-style games.

TransCore Link Logistics’ Canadian Spot Market Saw Load Volumes Outgrow Equipment Volumes in February

Fri, 03/15/2019 - 08:08
TORONTO – TransCore Link Logistics’ Canadian spot market continued its upward momentum in 2019 with a significant 20 percent increase in daily freight availability in February compared to January. Total truck volumes declined month–over-month, and average daily postings were relatively flat in February. The number of load postings on the last day of February were the highest Loadlink has recorded since July 2018. Month-over-month, February’s load volumes finished four percent higher than January, although these numbers were down 35 percent year-over-year. Intra-Canada loads accounted for 32...

TransCore Link Logistics’ Canadian Spot Market Marks a Strong Start to 2019

Tue, 02/26/2019 - 12:38
TORONTO – TransCore Link Logistics’ Canadian spot market recorded a robust start to the New Year, improving upon a noticeable decline in freight market activity in the last quarter of 2018. The return of available workers, post-holidays, was a contributor to the increased capacity and load availability in January. The end to the United States’ government shutdown may have served as another factor in the increased cross-border freight activity. Weekly load postings in January increased 10 percent following the end of the shutdown compared to the week prior, and an increased number of...

TransCore’s Canadian Spot Market Tightens Slightly as 2018 closed a Historic Year

Tue, 01/15/2019 - 08:58
Unprecedented load volumes and strong recovery in equipment numbers helped to meet heavy demand. TORONTO –TransCore Link Logistics concluded its fourth quarter of 2018 with its lowest load volumes of the year, while truck volumes set a new record for the quarter. Fourth quarter load volumes were down 31 percent when compared to the fourth quarter of 2017 and down 15 percent compared to the third quarter of 2018. Prior to the holidays, December load volumes performed very well with numbers resembling those in July when capacity was at a healthier level. Declines in both truck and load...