TORONTO--(BUSINESS WIRE)--TransCore’s spot market Canadian freight index saw a substantial 13 percent month-over-month increase in May. The month also had the highest freight volume to date this year. Year-over-year volumes were off slightly from the peaks of early 2011, down two percent from May of last year and only five percent off the record set in 2008.

Cross-border postings remained consistent at 73 percent of overall load postings. Intra-Canada postings made up 23 percent of the total load volumes.

Equipment postings also experienced double digit increases; ten percent month over month and fifteen percent year over year. While both equipment & loads postings increased, the May equipment to loads ratio dropped to the lowest levels in 2012.

 

Regional Breakdowns:

Top destinations for loads imported into Canada were:
  • Ontario 54 percent
  • Western 20 percent
  • Quebec 22 percent
  • Atlantic 3 percent
Western Canada had a slight decrease month over month, while Quebec had a two percent increase
 
Top regions for import equipment into Canada were:
  • Ontario 51 percent
  • Western 25 percent
  • Quebec 21 percent
  • Atlantic 3 percent
Equipment postings maintained similar levels from the previous month
 
Regions of origins of loads within Canada were:
  • Western 45 percent
  • Ontario 26 percent
  • Quebec 21 percent
  • Atlantic 7 percent
Western Canada had a slight decrease month over month
 
The top states of origin for loads destined to Canada in order of most loads were Ohio, Illinois, California, Pennsylvania & Texas
 
The top destinations for freight originating in Canada were New York, Texas, Pennsylvania, California & Washington.
 

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 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.