TransCore Link Logistics’ Canadian Freight Index volume slipped 7 percent in June compared to the previous month, continuing the up-and-down results in the first half of the year, and plummeted 21 percent year-over-year.
The index gained 6 percent in the second quarter of 2013, compared to the second quarter of 2012, although volume was down 17 percent versus the same quarter last year. The high point year-to-date was May.
Cross-border loads destined for provinces within Canada were 3 percent higher than May and accounted for 74 percent of overall volume. Intra-Canada postings contributed to 21 percent of the total volume for June, but fell 3 percent below May levels.
The equipment postings for June were relatively flat again versus the previous month, similar to May’s results. However, month-to-month levels inched up 1 percent and load postings were 12 percent higher than last year’s level for the same period.