Canadian Freight Index sets January high

TransCore’s Canadian Freight Index recorded the highest load volumes ever posted in the month of January; volumes exceeded the previous record set during the upsurge in 2008 by 4%.

January 2011 postings were up 30% over January 2010, while month-over-month declined by just over a percentage point from the previous month’s record load volumes in December 2010.

With loads reaching a peak in January, equipment postings reflected the exact opposite results. Equipment postings descended to the lowest levels for the month in over five years.