TORONTO– TransCore Link Logistics Canadian Freight Index saw a downturn in volumes for April, declining 13 percent from March. Year-over-year volumes also experienced a significant drop, decreasing 23 percent over April 2014, said a report.
Cross-borderload volumes averaged 72 percent of the total of the data submitted by Loadlink’s Canadian-based customers. Outbound load volumes fell 28 percent, and inbound loads were down 18 percent year-over-year.
Intra-Canadaload volumes represented 23 percent of the total volumes and were down 27 percent year-over-year.
Equipment capacityloosened for April increasing to over two available trucks for every load for the first time this year. The equipment-to-load ratio jumped to 2.50 from 1.95 in March and from 1.46 compared to April 2014. Postings for truck availability increased 12 percent month-over-month and 31 percent year-over-year.