TORONTO--(BUSINESS WIRE)--After an all-time high record was set in January, TransCore’s Link Logistics Canadian Freight Index saw volumes return to a more normal level for February with a 13 percent decrease in month-over-month volumes. Year-over-year load volumes were also down 11 percent from February 2012.
Cross-border load postings accounted for 68 percent of the data submitted by Loadlink’s Canadian-based customers. Cross-border loads destined for provinces within Canada were down 19 percent year-over-year compared to February 2012. However, cross-border loads from Canada to the United States increased three percent year-over-year. The top states of origin for loads destined to Canada were Ohio, Pennsylvania, Illinois, Indiana and Michigan respectively.
Overall load volumes for intra-Canada postings averaged at 27 percent. Although, the year-over-year volumes were down six percent from February 2012, the capacity increased year-over-year by 6 percent.
Equipment postings were at expected levels for the month of February. February’s postings decreased five percent from the previous month. In spite of this, postings had a slight increase of five percent from February of the previous year.
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 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 Freight Solutions
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.