Canadian Freight Volumes Show Minimal October Gain
While TransCore Link Logistics Canadian Freight Index was flat in October, increasing just one percent from September, year-over-year volumes continue to break records, jumping 21 percent compared to October 2013. Cross-border load volumes for October averaged 69 percent of the total.
Loads leaving Canada to the United States vaulted 70 percent year-over-year.
Loads into Canada improved 14 percent year-over-year. Intra-Canada load volumes represented 26 percent of the total volumes for October and rose 22 percent year-over-year.
TransCore’s Canadian Freight Index accurately measures trends from roughly 5,000 of Canada’s trucking companies and freight brokers, and includes all domestic, cross-border and interstate data submitted by Loadlink’s Canadian-based customers.
Category: Featured, General Update