TORONTO--(BUSINESS WIRE)--TransCore Canadian Freight Index for the spot market dropped 21 percent in July as the traditional summer slowdown began. With the annual onset of summer construction, vacations and company shut-down periods, July experienced the third lowest volumes of any month this year; however, it was the fourth most active July on record finishing five percent behind July 2011.

Cross-border postings decreased two points, accounting for 73 percent of overall load postings. Intra-Canada postings contributed 23 percent of the total load volumes, increasing one percent from June.

Equipment postings jumped nine percent month-over-month and were up significantly year-over-year, increasing 21 percent. The equipment-to-loads ratio increased in July, reaching the highest levels for 2012.

Regional Breakdowns:

Top destinations for loads imported into Canada were:

  • Ontario 54 percent
  • Western 23 percent
  • Quebec 20 percent
  • Atlantic 3 percent

Western Canada increased three percent, while Quebec decreased three percent. The remaining regions remained unchanged.

Top regions for import equipment into Canada were:

  • Ontario 53 percent
  • Western 23 percent
  • Quebec 21 percent
  • Atlantic 3 percent

Western Canada decreased one percent, while Quebec increased one percent. The remaining regions remained unchanged.

Regions of origins for loads within Canada were:

  • Western 44 percent
  • Ontario 26 percent
  • Quebec 22 percent
  • Atlantic 8 percent

The regions remained unchanged from last month.

The top states of origin for loads destined to Canada in order of most loads were Pennsylvania, Ohio, California, Illinois and Texas.

The top U.S. destinations for freight originating in Canada were New York, Texas, Pennsylvania, California and Michigan.

About Loadlink, 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 13 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 serves brokers, carriers, owner-operators and shippers in the United States and Canada with best-in-class products. Load boards or freight matching include Loadlink in Canada and TransCore 3sixty powered by the DAT Network in the United States. 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.