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May 18, 2017

Canadian freight volume index was lower in April

TransCore Link Logistics announced that its Canadian Freight Index for April showed that, month-over-month, load volumes were lower by 21 percent. However, year-over-year, load volumes were considerably higher, up 37 percent compared to the same month last year.

Intra-Canada Loads represented 27 percent of the total volumes and climbed 35 percent compared to the same month last year.

Cross-border load postings accounted for 70 percent of the total data submitted by Loadlink's Canadian-based customers and was higher compared to last year:

Loads leaving Canada increased by 10 percent, and loads coming into Canada jumped 56 percent compared to April 2016.

Source: TransCore's Canadian Freight Index