TransCore's Canadian Freight Index Sets New Record
TransCore's Canadian Freight Index set a new record in March, topping previous record from May 2008. Volumes for March 2011 were up 35 percent from the previous year and 36 percent from the prior month
TransCore's Canadian Freight Index set a new record in March, topping previous record from May 2008. Volumes for March 2011 were up 35 percent from the previous year and 36 percent from the prior month.
For the first quarter 2011, volume was up 34 percent compared to the first quarter of 2001, and saw a 250-percent increase from March 2009.
While load volume reached an all-time high, equipment available postings remained at the same low levels recorded for the prior few months. From a historical perspective, available posted equipment was down 24 percent from the lofty capacity levels of March 2009.
TransCore's 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 its inception in 1990. Over 13 million full loads, LTL shipments and trucks are posted to the Loadlink network annually.
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