July Dip in Canadian Freight Activity Linked to Seasonality

August 23, 2010

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While TransCore's July Canadian Freight Index was down 19 percent from June, the company says the fluctuation is normal with seasonality, vacation and construction activity.
The index was up 53 percent over the year-ago period.

TransCore's Canadian Freight Index has continuously increased from January to June of this year, with June being the highest recorded freight volume since June 2008.

For July, combined cross-border loads were up 69 percent year-over-year, while equipment availability continued to decrease by 18 percent from July 2009.

TransCore says its Loadlink freight matching database is the largest Canadian network of carriers, owner-operators, freight brokers and intermediaries and has been available to Canadian subscribers since 1990.

Over 12 million full loads, less-than-truckload 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.

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