TransCore says its Canadian freight volumes showed "stellar" results in December, establishing a new record high for December load volumes.
With two fewer shipping days than November, December's load volumes were up 11% month-over-month, representing the highest month-over-month gain in the second half of the year. December also marked the largest year-over-year increase compared to any other month in 2013, and surpassed December 2012 load volumes by 29%.
Cross-border postings averaged 67% of total load volumes. Cross-border loads originating in Canada soared 50% year-over-year and cross-border loads originating in the US were up 16%, TransCore reports.
Intra-Canada load volumes represented 28% of total December volumes, up 30% compared to the same period last year.
Equipment postings, meanwhile, were at lower levels for November and December, with postings declining 16% in December. The equipment-to-load ratio decreased in December from 2.62 in November to 1.97.
TransCore's Canadian Freight Index is based on data from its Loadlink freight-matching service.
