3.5 C
Tuesday, April 16, 2024

TransCore Index Shows Spot Freight Edging Up in Canada

The Canadian spot market for truckload freight hits its second highest point in 11 years in February, according to TransCore’s Canadian Freight Index.

TransCore’s spot market-based index climbed 1 percent last month from January, with equipment listings on Loadlink climbing 16 percent year-over-year. The freight-matching database matches more than 13 million Canadian shipments and trucks a year.

Intra-Canada loads accounted for 28 percent of the February’s volume, with 42 percent originating in Western provinces, says TransCore