TORONTO, Ont.–TransCore Link Logistics volumes for Canadian and cross-border loads gained traction in March. Compared to last month, volumes spiked 17 percent—a refreshing sign for carriers on Loadlink who witnessed the first month-over-month increase of this size in more than two years. However, year-over-year volumes were down 17 percent compared to 2015 peak volumes that were set in March 2015, the company said.
The first quarter of 2016 ended strong with load volumes increasing for three consecutive months. This trend of greater than two sequential increases month-over-month has not been seen for more than 24 months. Compared to the fourth quarter of 2015, volumes increased 14 percent for quarter one of 2016, and was down 22 percent compared to the same period last year.
Intra-Canada load volumes represented 27 percent of the total volumes and were similar to last year’s, down only one percent year-over-year.
Cross-border loads averaged 69 percent of the total data submitted by Loadlink’s Canadian-based customers. Loads leaving Canada were lower by 14 percent, and loads coming into Canada decreased 26 percent year-over-year.
Posted equipment increased five percent month-over-month, and these postings were above February 2015 totals by 23 percent year-over-year. The equipment-to-load ratio decreased to 3.05 from 3.42 in February. Year-over-year, this ratio increased from 1.95 in March 2015, representing a 56 percent change.