TransCore spot freight index posts growth record

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Updated Nov 19, 2010

Trans Core1

TransCore on Thursday, Nov. 18, said its North American Freight Index reported a 69 percent increase in spot market freight availability in October, compared to the previous year. This marks the third consecutive month when spot freight achieved the highest year-over-year levels since 2005, which was a peak year for spot market volume.

On a month-over-month basis, October load volume was stable, with a 0.9 percent increase compared to September.