TransCore’s Canadian Freight Index Registers Increases for Both Annual and Monthly Load Volumes
TORONTO–(BUSINESS WIRE)–TransCore’s Canadian Freight Index reported a 37 percent increase in freight volumes for November 2010 compared to the previous year.
The U.S. Thanksgiving holiday has historically resulted in a reduction of month-over-month freight volumes for November, however volumes were up by 2 percent from October 2010. November’s results reflect the first month-over-month increase in load posting activity since August. November reached the highest freight volume for the month since 2007.
Also significant, November saw capacity improve. For the first time since January, equipment postings increased. The increase was a modest one percent year over year, but compared to considerable double digit decreases seen in 2010, the shift is noteworthy.
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.