Loadlink Technologies has announced a 47% surge in load volumes in January compared to December. This milestone marks the highest monthly load volumes since March 2023, reflecting a positive trend in the industry.
In addition to the load volumes, truck volumes also demonstrated momentum with a modest 4% increase from December, signaling a strong and resilient freight market.
Outbound Cross-border Activity:
Load postings experienced a 12% increase month over month, coupled with a 16% growth in equipment postings.
Inbound Cross-border Activity:
A 110% spike in loads posted in January compared to December highlighted the strength of inbound cross-border activity.
Truck postings had a 6% dip month over month, a positive indicator of a strengthening freight market.
Intra-Canadian Activity:
January witnessed a 20% increase in load postings and a 7% rise in truck postings compared to December 2023.
Average Truck-to-Load Ratios:
In January, the truck-to-load ratio improved, reaching 2.61 trucks for every load posted. This marked a 29% improvement from December 2023 and was superior to any month in the latter half of 2023, signaling a positive shift in the market.