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Canadian Freight Volumes Up for First Time in Four Months

| February 8, 2016

Canadian Freight Volumes Up for First Time in Four Months

On the heels of declining load volumes for four consecutive months, load volumes for Canadian and cross-border loads picked up in January 2016

Month-over-month volumes were 12 percent above last December. That said, compared to the same month last year, load volumes were down 28 percent from January 2015, according to TransCore.

Cross border loads leaving Canada were lower by 18 percent, and loads coming into Canada decreased 33 percent year-over-year. These volumes averaged 72 percent of the total data submitted by Loadlink’s Canadian-based customers.

Intra-Canada load volumes represented 23 percent of the total volumes and were lower by 25 percent year-over-year.

Posted equipment was below those posted in December 2015, tightening the capacity by five percent month-over-month; however, these postings were above January 2015 by 28 percent year-over-year. The equipment-to-load ratio narrowed to 3.18 from 3.73 in December 2015. Year-over-year, this ratio increased from 1.79 in January 2015, representing a 78 percent change.

Category: Featured

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