Report indicates weaker Canadian freight volumes

May 29, 2013
TransCore Link Logistics reported weaker Canadian Freight Index volumes for April 2013. The month-over-month load volumes had a 7% decrease and the year-over-year volumes fell behind April 2012 levels by 14%

TransCore Link Logistics reported weaker Canadian Freight Index volumes for April 2013. The month-over-month load volumes had a 7% decrease and the year-over-year volumes fell behind April 2012 levels by 14%.

The equipment postings for April increased by 6% compared to figures from the previous month, and the year-over-year equipment postings saw a significant increase of 11%. As a result of these index changes, the equipment-to-load ratio declined considerably for April to 2.35 from 2.08 of the previous month.

Overall load volumes for cross-border postings and intra-Canada postings averaged at 70% and 25% respectively. Cross-border loads destined for provinces within Canada were down 21% year-over-year compared to April 2012. In contrast, cross-border year-over year loads from Canada to the United States were up substantially by 16%.

Intra-Canada year-over-year load volumes for April were down 2% while equipment increased substantially by 24%.

Information within the freight index includes all domestic, cross-border and interstate data submitted by Loadlink’s Canadian-based customers.

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