Uptick for truckload volumes in February: TransCore Link Logistics
MISSISSAUGA, Ont.–According to the latest data from TransCore Link Logistics’ Loadlink, intra-Canada load volumes represented 26 percent of the total volumes and were lower by 18 percent year-over-year.
Cross border loads averaged 69 percent of the total data submitted by Loadlink’s Canadian-based customers. Loads leaving Canada were lower by 18 percent, and loads coming into Canada decreased 25 percent year-over-year. There were no obvious shifts in the regional distribution of cross-border loads coming into Canada compared to January, said a release.
Posted equipment was higher in February, increasing nine percent month-over-month; and these postings were above February 2015 totals by 30 percent year-over-year. The equipment-to-load ratio increased to 3.42 from 3.18 in January. Year-over-year, this ratio increased from 1.90 in February 2015, representing an 80 percent change.
Compared to last month, changes in the distribution of cross-border equipment entering Canada were observed in three regions: Ontario decreased five percent, western Canada increased seven percent, and Quebec decreased three percent.