TransCore’s Canadian Freight Index – September 2017 Canadian Freight Index Highlights

TransCore’s Canadian Freight Index – September 2017

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  Month-over-month: Volumes decreased six percent compared to August 2017.
  
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  Year-over-year: Volumes increased 40 percent compared to September 2016.
  

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  Quarter Highlights: 2017 load volumes for Q3 were flat compared to Q2, and Q3 increased by 49 percent year over year compared to Q3 2016.
  
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  Truck Capacity: Truck capacity trended lower compared to the previous year. Trucks were down 11 percent from the previous month and 19 percent from the year prior.
  
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  Historic:
  
  • 
    Loads for the last quarter broke historical records with the highest volumes ever recorded compared to any year.
    
  • 
    The trending for the last 4 months is the highest volumes ever recorded for those months.
    

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  Inbound cross border loads (from the United States to Canada) increased 39 percent, and outbound loads (from Canada to the US) increased 48 percent year-over-year.
  
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  Inbound cross border equipment decreased 19 percent and outbound equipment decreased 21 percent.
  

Ontario 55 percent

Western 25 percent

Quebec 18 percent

Atlantic 2 percent
Cross Border Equipment into Canada by Region of Destination:

Ontario 50 percent

Western 27 percent

Quebec 20 percent

Atlantic 3 percent
Intra-Canada: Postings accounted for 28 percent of the data submitted by Loadlink’s Canadian-based customers.

Loads within Canada:

By Region of Origin Western 37 percent Ontario 38 percent Quebec 19 percent Atlantic 6 percent

By Region of Destination Western 32 percent Ontario 39 percent Quebec 27 percent Atlantic 3 percent

Equipment Breakdown: The top equipment postings were Dry Vans 53 percent, Reefers 24 percent, Flatbed 17 percent, and Other 6 percent.

TransCore Canadian Spot Market Freight Index 2011-2017