TransCore’s Canadian Freight Index Steady in September, Best Third Quarter in 10 Years
TORONTO–(BUSINESS WIRE)–TransCore’s Canadian Freight Index saw load volumes remain strong in September with a 12 percent increase year-over-year and down slightly from August levels. September recorded the sixth highest load volume this year, the highest September volume for the last five years, and remains at pre-recessionary levels.
Third-quarter volume was the highest since TransCore began recording data in 2001 when TransCore acquired Link Logistics. The quarter was also up 9 percent from Q3 2010. Third quarter also reflects the annual summer slow-down in freight movement and saw an 18 percent decrease from second quarter 2011.
Equipment postings in September were down 6 percent from this year’s record setting month in August. Capacity was 6 percent below recorded levels for September 2010, while the equipment-to-loads ratio dropped slightly for the first time since June 2011.
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.