7/19/2010 12:00:00 AM
Q2 spot market freight volume exceeds Q1 by 60 percent
PORTLAND, Oregon -- TransCore’s North American Freight Index for June 2010 showed a 112 percent increase in spot market freight availability compared to the same time period last year. Spot market freight availability for the second quarter of 2010 was 60 percent higher than first quarter volume and 331 percent higher than the recession-plagued activity of Q2 2009.
Overall load volume dipped 11 percent from May to June 2010 as flatbeds receded from five months of extraordinarily high volume. Consistent with historic, seasonal trends, dry and refrigerated (reefer) van loads were up by 2 percent in June from May.
Brokers, 3PLs, carriers, and owner-operators in North America are on track to list more than 60 million loads and trucks this year across a variety of services feeding TransCore’s DAT® Network. As a result of this high volume, TransCore’s North American Freight Index is representative of the ups and downs in spot market freight availability throughout the U.S. and Canada.
The DAT Network sets the standard for load board services in the North America by providing:
- The most loads and trucks found on any load board on the internet or in truck stops,
- The highest number of exclusive loads found on a single load board,
- The best quality brokers in the industry with the highest credit scores and lowest-days-to-pay.
About TransCore Commercial Technology Group:
TransCore’s Commercial Technology Group is a leading provider of transportation solutions in the United States and Canada serving brokers, carriers, owner-operators and shippers with best-in-class products. Load boards include Loadlink in Canada and 3sixty Freight Match powered by the DAT Network in the United States, which has set the industry standard for the spot freight marketplace since 1978. TransCore’s asset tracking and in-cab communications solutions feature the industry’s fastest response times and state-of-the-art satellite networking. TransCore provides fleet compliance, distribution and intermodal services, automated carrier safety and insurance monitoring, truckload rate indices for contract markets, and the most popular broker logistics software. TransCore is also the largest global manufacturer of transportation-based radio frequency identification (RFID) applications with 37 million RFID tags and 58,000 readers distributed in more than 40 countries throughout the world. TransCore RFID products support the toll, traffic management, rail, access control, homeland security, and parking markets.
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