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May 28, 2012

TRUCKING STATISTICS * Canada

* Ontario trucking companies optimistic about next quarter 

Toronto,ONT,CAN -Truck News -May 25, 2012: -- The majority of trucking companies in Ontario remain optimistic about their prospects for the next three months despite negative freight volume prospects, according to the second quarter business expectations survey conducted by the Ontario Trucking Association. According to survey, 67% of carriers reported they were optimistic about trucking’s overall prospects for the quarter – the same number as in the first quarter survey. This is off the peak of 75% recorded in the 1Q11 survey, but significantly higher than the bare majority (55%) who said they were optimistic about the industry’s overall prospects from the 4Q11 survey. Only a quarter of respondents reported improvement in intra-Ontario freight volumes compared to the last quarter –the same as reported in the first quarter survey. Pessimism for the immediate future grew with only 30% of carriers expecting increases in the latter half of 2012 versus 39% who were upbeat in the last survey..


* TransCore's Canadian Freight Index dips slightly in April 

(Photo: A canadian truck on the ice road)  
Toronto,ONT,CAN -Truck News, by Lou Smyrlis -May 24, 2012: -- TransCore’s spot market Canadian freight index saw a three percent decline in April, down from a high mark set in March 2012, but remains well above recessionary levels. Year-over-year volumes were down 11% from the record highs in 2011... Cross-border postings continued to dominate in April accounting for 73% of activity by Loadlink’s Canadian customers. Intra-Canada postings made up 23% of the total load volumes...  Total equipment postings in March decreased 3% from the previous month, while year-over-year capacity was up 19% from March 2011. Capacity has tightened compared to earlier in the year; however equipment availability remains more abundant than the tight capacity crunch and record low from April 2011...

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