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:
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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
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