TORONTO--(BUSINESS WIRE)--TransCore Link Logistics will launch a new truck-to-load ratio operations planning tool in Toronto at Truck World - Canada’s National Trucking Show, April 10-12. TransCore’s Posting Index enables carriers and freight brokers to access real-time and historical data on total truck and load volumes, as well as ratios in specific areas. Delivered as a cloud service, Posting Index can drill deep by geographic area, equipment type, and Truck-to-Load (TL) versus Less-than-Truck Load (LTL) shipments and trucks.
Built on its Loadlink freight matching system, this analytics tool captures 14 million loads and trucks posted annually on its network of over 5,000 carriers, private fleets, load brokers, freight forwarders and owner operators, which represents the largest freight matching service in Canada.
“The explosion of load volumes, changes in capacity demands, and currency fluctuations observed since the end of last year have dramatically impacted the buying and selling rates,” says Claudia Milicevic, senior director and general manager of TransCore Link Logistics. “Posting Index gives our customers enhanced technology that’s easy to use and assists in making sound business decisions on where to grow their business, or change their lanes quickly to respond to these fluctuations.”
The new tool has been well received after successful demonstrations and trials with a number of TransCore’s customers throughout Canada. Carriers and brokers said it was an excellent way for them to quote more accurately based on truck and load availability in a lane. It takes the guess work out of determining most profitable lanes, and the data is also critical in analyzing seasonal trends on capacity for forecasting.
The roll-out of Posting Index will provide even more Loadlink members the opportunity to access and analyze the truck-to-load ratios in every region.
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 14 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
- Guaranteed payment
About TransCore Link Logistics
TransCore’s freight solutions serve brokers, carriers, owner operators and shippers in the United States and Canada with best-in-class products. 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.
TransCore is a unit of Roper Industries, a diversified growth company and constituent of the Standard and Poor’s S&P 500, Fortune 1000, and the Russell 1000 indices.