TransCore’s Canadian Freight Index Dials Back after Record Breaking Freight Volume in March
TORONTO–(BUSINESS WIRE)–TransCore’s Canadian Freight Index saw load volumes for April 2011 register a 15 percent increase year-over-year, surpassing the previous record set in April 2008; however, load postings were down 12 percent from last month’s all-time high.
Equipment postings were at the lowest recorded level since 2005, descending even further than the previous reduction set during the short month of February 2011. Available capacity was also down almost 20 percent from April 2010.
While capacity and loads both decreased from the prior month, surprisingly the ratio of available equipment to loads remained at the exact same level on a month-to-month basis.
About Canada’s Largest Freight Matching System
TransCore’s 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 13 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, TransCore’s 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
About TransCore Freight Solutions:
TransCore’s Freight Solutions serves brokers, carriers, owner-operators and shippers in the United States and Canada with best-in-class products. Load boards include Loadlink in Canada and TransCore 3sixty powered by the DAT Network in the United States. Loadlink has the largest Canadian freight matching database of loads and trucks and offers access to other services such as Quickpay, credit reports, insurance and operating authorities, dispatch software, mileage software and more. TransCore’s trailer tracking and in-cab communications solutions feature the industry’s fastest response times and state-of-the-art satellite networking.