Canadian freight index records second best February spot market freight volume in 11 years except last year's peak in February, volume up 1% month-over-month: TransCore

TORONTO , March 27, 2012 (press release) – TransCore’s Canadian freight index recorded its second best February spot market freight volume in 11 years, surpassed only by last year’s peak in February loads. Month-over-month the index increased by one percent.

Intra-Canada loads accounted for 28 percent of the month’s volume. Top regions for loads within Canada were:

Western 42 percent
Ontario 36 percent
Quebec 18 percent
Atlantic 4 percent

Equipment postings in February also increased by only one percent from the previous month while year-over-year capacity was up 16 percent from February 2011.

The equipment-to-loads ratio remained unchanged from the level established in January.

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 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.

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