TransCore’s Canadian Freight Index Steady in September, Best Third Quarter in 10 Years
Oct 24, 2011 9:56 AM
TransCore’s Canadian Freight Index saw load volumes remain strong in September with a 12% 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% from Q3 2010. Third quarter also reflects the annual summer slow-down in freight movement and saw an 18% decrease from second quarter 2011.
Equipment postings in September were down 6% from this year’s record setting month in August. Capacity was 6% below recorded levels for September 2010, while the equipment-to-loads ratio dropped slightly for the first time since June 2011.
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