TORONTO, Ont.–TransCore Link Logistics will launch a new truck-to-load ratio operations planning tool in Toronto at Truck World – Canada’s National Trucking Show, April 10-12. TransCore’s Posting Index enables carriers and freight brokers to access real-time and historical data on total truck and load volumes, as well as ratios in specific areas., the company said. Delivered as a cloud service, Posting Index can drill deep by geographic area, equipment type, and Truck-to-Load (TL) versus Less-than-Truck Load (LTL) shipments and trucks.
Built on its Loadlink freight matching system, this analytics tool captures 14 million loads and trucks posted annually on its network of over 5,000 carriers, private fleets, load brokers, freight forwarders and owner operators, which represents the largest freight matching service in Canada.
“The explosion of load volumes, changes in capacity demands, and currency fluctuations observed since the end of last year have dramatically impacted the buying and selling rates,” says Claudia Milicevic, senior director and general manager of TransCore Link Logistics.
“Posting Index gives our customers enhanced technology that’s easy to use and assists in making sound business decisions on where to grow their business, or change their lanes quickly to respond to these fluctuations.”
The new tool has been well received after successful demonstrations and trials with a number of TransCore’s customers throughout Canada, the company said, adding that carriers and brokers have said it was an excellent way for them to quote more accurately based on truck and load availability in a lane.