TransCore to help research Canadian trucking trends

user-gravatar Headshot

TransCore Link Logistics and the Transport Institute at the University of Manitoba announced Friday, June 12, that they have entered into a partnership to research transportation trends in the Canadian trucking industry based on data from TransCore’s Canadian-based Loadlink freight matching service.

According to Transportation Media Research, there are a little more than 10,000 for-hire carriers operating in the Canadian market:

  • The vast majority (6,900) are small-size carriers, operating less than 10 trucks and earning less than $1 million annually;
  • Medium-size carriers (3,300) with operating fleets of 10 to 200 tractors make up the other significant segment; and
  • The top 100 carriers, each with annual revenues of more than $25 million, operate with a fleet size of more than 200 tractors.
  • The Transport Institute and TransCore say the research will focus on the volume of data, more than three million freight matches per day, that are generated by Loadlink; thousands of loads and equipment are posted on the largest spot market for surface freight in Canada and cross-border freight with the United States, and more than 5,000 transportation companies comprised of freight brokers and for-hire carriers throughout Canada access the system every day.

    “TransCore provides a unique visibility into the actual movement of freight in Canada and the United States and a fleet’s usage of technology,” says Paul Larson of the Transport Institute.

    According to the Transport Institute and TransCore, Loadlink members have access to a wide array of products and services such as invoice factoring, credit bureau reports on all members, satellite truck and trailer tracking, breakdown services, truck-specific routing and mileage, online recruitment, fuel discount program, ACE border-crossing service, dispatch and operations management, and much more; more than 50 percent of Loadlink subscribers are based in Ontario, Quebec and Western Canada, and together account for 45 percent, with the latter increasing its share of the membership.

    Claudia Milicevic of TransCore praised the Transport Institute’s leadership and expertise in “conducting in-depth and practical research that provides valuable insights into the most pressing issues faced by the transportation industry. This report will provide visibility into emerging trends that are developing or declining, and enable us to share this information with our broker and carrier members.”