TransCore’s Canadian Freight Index records best annual results

user-gravatar

TransCore says it Canadian Freight Index recorded an annual average of 233 points, exceeding the annual average volumes from each of the previous five years. Load volumes for 2010 delivered year-over-year increases and were 50 percent higher for seven consecutive months when compared to those posted during the downturn of 2009.

Load volumes for the fourth quarter of 2010 were 32 percent higher than the fourth quarter of 2009. Volumes declined by 9 percent from the third quarter of 2010. December 2010 volumes were up 4 percent from the previous month and up 34 percent compared to December 2009. December 2010 recorded the highest-ever load volumes for the month and broke another record by surpassing the prerecessionary high of December 2007 by more than 5 percent.

Equipment postings historically have decreased for the month of December, and 2010 was no exception with equipment postings at the lowest level of the year. Postings for equipment for December were the lowest for the month since 2007. Capacity postings for 2010 also were down 13 percent from 2009.