TransCore Freight Index surges 112% in June 2010

TransCore’s North American Freight Index for June 2010 showed a 112% increase in spot market freight availability compared with the same time period in 2009. Spot market freight availability for the second quarter of 2010 was 60% higher than first quarter volume and 331% higher than the recession-plagued activity of Q2 2009.

Overall load volume dipped 11% from May to June 2010 as flatbeds receded from five months of extraordinarily high volume. Consistent with historic, seasonal trends, dry and refrigerated (reefer) van loads were up by 2% in June from May.

Brokers, 3PLs, carriers, and owner-operators in North America are on track to list more than 60 million loads and trucks this year across a variety of services feeding TransCore’s DAT Network. As a result of this high volume, TransCore’s North American Freight Index is representative of the ups and downs in spot market freight availability throughout the United States and Canada.