Canadian Freight Volumes Show Promise for 2016

TransCore Link Logistics Freight Index for all Canadian and cross-border loads, dipped in December. However, a dip in equipment volumes led to tightening of the truck-to-load ratio.

Over the last 12 months, freight volumes were tumultuous, experiencing lows very close to 2009’s economic downturn.

At the same time, truck volumes showed an all-time high in 2015. December 2015 volumes dropped 36 percent compared to December 2014.

The high point for 2015 was seen in the first quarter of the year, followed by a steep decline in the summer months and closing out the year at the lowest point. December saw lows similar to volumes on the uptick during the first quarter of 2010.

Equipment capacity was up significantly by 44 percent year-over-year. Posted equipment increased in the first half of the year, reaching a record-high peak set in July 2015 with almost five trucks available for every load. The lofty levels continued in the second half of the year with slight declines in November and December.

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