Aftermarket

Freight Volumes Look Up in December

January 15, 2010

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Freight availability on the spot market in December saw an improvement of 5 percent from the November level
Many states are set to have a favorable January in terms of volumes.
Many states are set to have a favorable January in terms of volumes.
, according to TransCore's Market Research. When looking at the same month-over-month period in 2008, volumes were down 8 percent in December.

Meanwhile, freight volumes were up by 97 percent from December 2008, a better-than-seasonal result for the month, TransCore says. The researchers attribute the year-over-year gap to both market growth in the second half of 2009 and extreme weakness that was experienced in the fourth quarter of 2008.

The research, which includes load trends in Mexico, the U.S., and Canada, indicates that January will be a favorable month for Ohio, North Carolina, Michigan, Tennessee, Missouri and Kentucky. These states are set to have the best combinations of high freight volumes and favorable inbound-to-outbound load ratios.

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