TransCore’s Canadian Freight Volumes Decline for the Second Consecutive Month

Mon, 12/14/2015 - 11:30
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index fell behind in November, following its traditional drop this time of year, with volumes declining eight percent compared to October. While year-over-year volumes also dropped 28 percent, this is compared to historic highs set throughout 2014. Cross-border loads leaving Canada decreased 12 percent, and loads coming into Canada declined 39 percent year-over-year. These volumes averaged 69 percent of the total data submitted by Loadlink’s...

TransCore’s Canadian Freight Volumes Step Back in October

Tue, 11/17/2015 - 09:30
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index dipped in October, declining six percent from September. Year-over-year volumes also fell 30 percent compared to 2014’s record breaking high for October. Cross-border loads leaving Canada decreased 21 percent, and loads coming into Canada declined 41 percent year-over-year. These volumes averaged 67 percent of the total data submitted by Loadlink’s Canadian-based customers. Intra-Canada load volumes represented 28 percent of the...

TransCore Link Logistics Introduces Truckload Rating Tool for Canadian Trucking Industry

Wed, 11/04/2015 - 08:00
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics releases Rate Index, an easy-to-use, full-featured truckload spot rate tool based on actual transactions between shippers, brokers, and carriers. Rate Index is designed to provide insight on high, low and average spot market rates paid on freight by brokers and shippers to carriers. “These rates are accurate,” says Randeep Sandhu, operations manager of Load Solutions Inc.

TransCore’s Canadian Freight Index Delivered Optimistic Increase in September

Tue, 10/06/2015 - 11:22
TORONTO--(BUSINESS WIRE)--To close out the third quarter, TransCore Link Logistics Canadian Freight Index picked up modestly in September after two consecutive months of unflattering load volumes. Compared to last month, load volumes increased seven percent, while year-over-year volumes withdrew 25 percent. Third quarter saw load volumes fall off compared to the previous quarters, declining 22 percent from the second quarter and 28 percent compared to the same period last year. Intra-Canada load...

TransCore’s Canadian Freight Index Static in August 2015

Wed, 09/23/2015 - 08:30
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index was unchanged for August, while truck capacity retreated modestly after July’s rare spike. Year-over-year volumes decreased 26 percent over August 2014. Cross-border loads leaving Canada decreased 10 percent, and loads coming into Canada shrunk 36 percent year-over-year. These volumes averaged 67 percent of the total data submitted by Loadlink’s Canadian-based customers. Intra-Canada load volumes represented 28 percent of the total...

TransCore Link Logistics Announces 2015 Scholarship Recipients

Mon, 09/21/2015 - 10:52
TransCore Link Logistics today announced the second annual scholarship recipients for its LinkScholar program. Shelby Tobin from Conception Bay South, Newfoundland and Paige Brown from Whitby, Ontario were each awarded $2,500 for demonstrating academic excellence, well-roundedness, leadership and benevolence.

TransCore’s Canadian Spot Market Truck Capacity Climbs to Nearly Four Times Available Loads in July

Tue, 08/11/2015 - 10:00
TORONTO--(BUSINESS WIRE)--Following last month’s swell in truck capacity, TransCore Link Logistics Canadian Spot Market Truck Index saw another spike in July. The equipment capacity climbed sharply in July. Trucks posted were up 10 percent month-over-month and jumped 33 percent year-over-year. The equipment-to-load ratio nearly doubled the ratio year-over-year to 3.71 from 1.89 in July 2014, representing a 96 percent change. Month-over-month, the ratio increased from 2.53, representing a 47 percent change...

TransCore’s Canadian Freight Index Truck Capacity Swells in June

Tue, 07/21/2015 - 10:00
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index was relatively flat for June while truck capacity broadened past any previous year’s levels. Equipment capacity was up in June with noticeable increases observed for available trucks going in and out of Canada as well as within Canada. Trucks posted in June were up eight percent month-over-month and jumped 36 percent year-over-year. The equipment-to-load ratio was at the highest year-to-date, increasing to 2.53 from 2.39 in May. Year-over-...

TransCore’s Canadian Freight Index Edges up in May

Tue, 06/16/2015 - 11:00
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index demonstrated a slender gain in volumes in May. Month-over-month load volumes edged up four percent from April. Despite this gain, year-over-year volumes were down for the fifth consecutive month, decreasing 22 percent over May 2014. Cross-border loads leaving Canada fell 23 percent, and inbound loads coming into Canada fell 21 percent year-over-year. These volumes averaged 70 percent of the total data submitted by Loadlink’s Canadian-based...

TransCore’s Canadian Freight Volumes Fall in April

Fri, 05/08/2015 - 08:57
TORONTO--(BUSINESS WIRE)--TransCore Link Logistics Canadian Freight Index saw a downturn in volumes for April, declining 13 percent from March. Year-over-year volumes also experienced a significant drop, decreasing 23 percent over April 2014. Cross-border load volumes averaged 72 percent of the total of the data submitted by Loadlink’s Canadian-based customers. Outbound load volumes fell 28 percent, and inbound loads were down 18 percent year-over-year. Intra-Canada load volumes represented 23...