Loadlink’s Daily Load Volumes Up as Domestic Freight Volumes Rebound

Tue, 03/17/2020 - 10:19
February average daily load volumes up 13 percent month over month TORONTO – Loadlink’s Canadian spot market continued its strong start to the year with an impressive 13 percent increase in average daily load volumes; however, February’s reduced number of working days caused overall load numbers to dip slightly by two percent month over month. Compared to February 2019, volumes were lower by nine percent.

Loadlink’s Load Volumes Rise for Fourth Consecutive Month

Tue, 02/18/2020 - 10:02
January load volumes were the highest in the past 11 months. TORONTO – Loadlink’s Canadian spot market started the year off strong with freight volumes up 13 percent compared to last December. Average daily load postings rose two percent and year-over-year, total load volumes were down only three percent compared to January 2019. Since 2016, January load volumes have consistently outperformed the December preceding it. Interestingly, load volumes this past January were nearly identical to that of January 2017. The 2017 year saw lower volumes in the first quarter, but rose as American ELD...

Loadlink’s Load Volumes for 2019 Ended Strong for the Fourth Quarter

Mon, 01/13/2020 - 09:01
A year of overall normal volumes ends on a high note. TORONTO –TransCore Link Logistics concluded 2019 with a strong fourth quarter as Loadlink’s load volumes climbed while truck volumes fell. Fourth quarter load volumes were up a solid seven percent when compared to the previous quarter. As per the usual seasonal rush, December load volumes performed very well with numbers resembling those in mid-2018 when demand was at a healthier level. Declines in both truck and load availability were expected and seen at the end of December. Despite this late decline during the peak holiday period,...

Trucking HR Canada and TransCore Link Logistics join forces to give back BIG this holiday season

Thu, 12/19/2019 - 17:03
One event, 130 guests and $3,000 in toys and gifts purchased for donation to CP24 CHUM Christmas Wish TORONTO – TransCore Link Logistics [TransCore], leading provider of technology solutions for Canada’s trucking industry, dropped off $3,000 worth of new toys and gift cards to the CP24 CHUM Christmas Wish program on December 16th—in time for Christmas.

November’s Loadlink Spot Market Lifted by Holiday Shopping Season and Strong Toronto and Montreal Markets

Tue, 12/17/2019 - 09:49
TORONTO – TransCore Link Logistics’ Canadian spot market saw overall load volumes increased six percent month-over-month. Average daily load postings on Loadlink was also up 11 percent compared to October. November’s year-over-year comparison was the lowest for any month in 2019 at just a three percent decline compared to November 2018 volumes. Improvements from October were a result of both a 14 and six percent increase in higher US-inbound and intra-Canadian loads, respectively. The increase in inbound cross-border loads could have been a result of brokers pulling freight forward to...

Loadlink’s Spot Market Improves in October with Strong Volume Performances from Montreal and Western Canada

Mon, 11/18/2019 - 11:17
TORONTO – TransCore Link Logistics’ Canadian spot market saw an overall improvement in load volumes of four percent in October, but truck-to-load balance expanded due to an even greater bump of 10 percent in truck volumes. Cross-border freight postings contributed the most to higher load volumes, while truck postings increased at equal levels across both sides of the border. As the 2019 year winds down, TransCore Link Logistics wants to note that year-over-year truck and load comparisons are diminishing as volumes are approaching relatively closer levels to those seen in late 2018. According...

Loadlink’s Spot Market Maintains Monthly Truck and Load Balance while Q3 Volumes in Line with Normal Seasonal Trends

Thu, 10/17/2019 - 14:24
TORONTO – TransCore Link Logistics’ Canadian spot market softened in September following a minor improvement in August. Load and equipment volumes both declined six percentage points each, which caused the truck-to-load balance to remain virtually unchanged. The first three weeks of the month showed relatively weak performance, but a late rally in load volumes during the final week kept the monthly decline lower. The overall monthly decline in load volumes came from a seven percent drop in cross-border freight entering Canada with a five percent dip in intra-Canadian loads. Despite the broad...

TransCore Link Logistics’ Canadian Spot Market Stable in August

Mon, 09/16/2019 - 09:31
Loadlink’s load volumes saw a slight uptick and capacity lessening for the month. TORONTO – TransCore Link Logistics’ Canadian spot market saw improvement as the summer season concluded with increased load volumes. Capacity contracted slightly due to a minor bump in load volumes aided by a small decline in truck volumes. The change in load volumes from July constituted the smallest month-over-month change so far in 2019, offering some potential short-term stability. Daily volumes in the month remained relatively consistent, barring a boost at the end of the month. This could have coincided...

TransCore Link Logistics Awards First-Year University Students $2,500 Each

Fri, 08/30/2019 - 13:01
September is upon us and we all know what that means: Canadian youth are preparing to head back to school. Whether entering a new grade or a new school, September is a stressful time of year for Canadian students. TransCore Link Logistics' LinkScholar program is proud to award two first-year university students $2,500 to ease their transition into the next chapter of their lives. "We're thrilled to continue to give back to the trucking industry through investing in the future of our industry members' children," said TransCore Link Logistics General Manager Claudia Milicevic. The 2019...

Loadlink’s Annual Seasonal Downturn Driven by Holiday Slowdown in Cross-Border Loads while Intra-Canadian Spot Market Strengthens for July

Thu, 08/15/2019 - 16:46
Canadian national averages for truckload spot rates also lower for dry vans and reefers. TORONTO – TransCore Link Logistics’ Canadian spot market saw an expected reversal in truckload balance compared to June as a nine percent decline in loads was met with an influx of 15 percent in truck capacity. According to past freight index trends, July tends to be slower due to national holiday closures. The month-over-month drop in loads coincided with the nearing end of some seasonal produce shipments. Two major North American holidays at the start of the month also contributed to the lower freight...