Summer Slowdown Shows on Canadian Spot Market Index
The decrease is due to the traditional summer slowdown, TransCore said, noting summer construction, vacations and company shut-down periods.
July also marked the third lowest volumes of any month this year, however, TransCore noted, it was the fourth most active July on record.
Cross-border postings dropped two points and accounted for 73 percent of overall load postings.
Intra-Canada postings made up 23 percent of total load volumes, and increased one percent from June.
Equipment postings rose nine percent over June, and were up significantly year-over-year with a 21 percent increase. Equipment-to-loads ratio also increased, marking the highest levels of 2012 so far.
Ontario 54 percent
Western 23 percent
Quebec 20 percent
Atlantic 3 percent
Western Canada increased three percent, while Quebec decreased three percent.
The remaining regions remained unchanged.
Top Regions for Import Equipment into Canada were:
Ontario 53 percent
Western 23 percent
Quebec 21 percent
Atlantic 3 percent
Western Canada decreased one percent, while Quebec increased one percent.
The remaining regions remained unchanged.
Regions of Origins for Loads within Canada were:
Western 44 percent
Ontario 26 percent
Quebec 22 percent
Atlantic 8 percent
The regions remained unchanged from last month.
Top States of Origin for Loads Destined for Canada:
Please feel free to comment to any of the posts on this blog. The intent is to start discussions on the subject content. If you have articles for post or comments about the blog in general please contact: Thank you Preferred Logistics----------- www.preferredlogistics.biz
Posted: Aug 16, 2012 04:31 PM | Last Updated: Aug 16, 2012 04:31 PM
TORONTO — TransCore's Canadian Freight Index for the spot market declined 21 percent in July.The decrease is due to the traditional summer slowdown, TransCore said, noting summer construction, vacations and company shut-down periods.
July also marked the third lowest volumes of any month this year, however, TransCore noted, it was the fourth most active July on record.
Cross-border postings dropped two points and accounted for 73 percent of overall load postings.
Intra-Canada postings made up 23 percent of total load volumes, and increased one percent from June.
Equipment postings rose nine percent over June, and were up significantly year-over-year with a 21 percent increase. Equipment-to-loads ratio also increased, marking the highest levels of 2012 so far.
Here's the breakdown:
Top Destinations for Loads Imported into Canada were:Ontario 54 percent
Western 23 percent
Quebec 20 percent
Atlantic 3 percent
Western Canada increased three percent, while Quebec decreased three percent.
The remaining regions remained unchanged.
Top Regions for Import Equipment into Canada were:
Ontario 53 percent
Western 23 percent
Quebec 21 percent
Atlantic 3 percent
Western Canada decreased one percent, while Quebec increased one percent.
The remaining regions remained unchanged.
Regions of Origins for Loads within Canada were:
Western 44 percent
Ontario 26 percent
Quebec 22 percent
Atlantic 8 percent
The regions remained unchanged from last month.
Top States of Origin for Loads Destined for Canada:
- Pennsylvania
- Ohio
- California
- Illinois
- Texas
- New York
- Texas
- Pennsylvania
- California
- Michigan
Please feel free to comment to any of the posts on this blog. The intent is to start discussions on the subject content. If you have articles for post or comments about the blog in general please contact: Thank you Preferred Logistics----------- www.preferredlogistics.biz