TransCore’s June freight index more than doubles 2009 levels

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TransCore announced Monday, July 19, that its North American Freight Index for June 2010 showed a 112 percent increase in spot market freight availability compared to the same time period last year. Spot market freight availability for the second quarter of 2010 was 60 percent higher than first-quarter volume and 331 percent higher than the recession-plagued activity of the 2009 second quarter.

Overall load volume dipped 11 percent from May to June 2010 as flatbeds receded from five months of extraordinarily high volume. Consistent with historic seasonal trends, dry and refrigerated van loads were up by 2 percent in June from May.