TORONTO--(BUSINESS WIRE)--TransCore’s Canadian Freight Index recorded an annual average of 233 points exceeding the annual average volumes from each of the previous five years. Load volumes for 2010 delivered exceptional year-over-year increases and were 50 percent higher for seven consecutive months when compared to those posted during the downturn of 2009.
Load volumes for fourth quarter 2010 were 32 percent higher than fourth quarter of 2009. Volumes declined by 9 percent from the third quarter of 2010.
December 2010 volumes were up 4 percent from the previous month and up 34 percent compared to December 2009. December 2010 recorded the highest ever load volumes for the month and broke another record by surpassing the pre-recessionary high of December 2007 by over 5 percent.
Equipment postings have historically decreased for the month of December and 2010 was no exception with equipment postings at the lowest level of the year. Postings for equipment for December were the lowest for the month since 2007. Capacity postings for 2010 were also down 13 percent from 2009.
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’s 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 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.