TransCore’s July Freight Index up 122% from last year

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TransCore announced that the spot freight market continued a strong showing, with a 122 percent increase in spot market freight availability in July compared to this time last year. However, consistent with normal seasonal patterns, July’s North American load volume was 14 percent lower than June’s.

In other month-over-month comparisons, spot freight loads for dry vans and refrigerated vans each dipped 8 percent in July compared to June, while flatbed load availability declined 17 percent.