More Truck Freight in October than September by 7%

More Truck Freight in October than September by 7%
Posted: Nov 28, 2013 12:58 PM | Last Updated: Nov 28, 2013 12:58 PM

TORONTO — There’s more freight hitting the road in Canada today than the same time last year, by about eight percent. Even since last month, the volume of freight was up seven percent, making October 2013 the second highest freight volume since 2009, according to TransCore Link Logistics’ Canadian Freight.

Out of the total volume of freight available, 68 percent was crossing the Canada-U.S. border, which is one percent more freight volume than the same time last year.

Freight travelling within Canada represented 26 percent of the total volume for the month of October, which is up seven percent since last year.

Cross Border Loads Coming into Canada:

56 percent were going to Ontario23 percent to Western Canada19 percent to Quebec2 percent to Atlantic provinces

The majority of loads travelling within Canada came from Western Canada (47 percent), Ontario (30 percent), Quebec (17 percent) and Atlantic region (6 percent).

Those loads were travelling to: 

35 percent to Western Canada38 percent to Ontario24 percent to Quebec3 percent to Atlantic provinces  

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Carriers’ Revenue Increased in September

Carriers’ Revenue Increased in September
Posted: Nov 28, 2013 03:24 PM | Last Updated: Nov 28, 2013 03:24 PM

TORONTO, ON— In September, Canadian shippers paid carriers 1.1 percent more for ground transportation than they did in August, according to the latest Canadian General Freight Index (CGFI).

“This is the first base cost increase since March 2013,” said Doug Payne, president of Nulogx. “Total costs and base freight costs are still two percent and 2.3 percent respectively, below last year.”

The base rate— which excludes accessorial charges such as fuel surcharge— was up 1.7 percent since August.

Fuel surcharges accounted for 20.63 percent of September’s base rates, up from 20.12 percent in August.

A shipper paying more means more revenue for carriers, but of course everyone knows that doesn’t automatically translate to more profits for the carriers, there are just too many other factors to consider.

The CGFI, which is sponsored by Nulogx, highlights the changes in prices paid for freight transportation by Canadian shippers and represents general truck transportation, but excludes bulk, liquid and other specialty services.

Nulogx helps shippers and carriers secure competitive agreements, evaluate performance and develop business plans. 

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Class 8 Orders Bounce Back in August, But September Month to Watch

Class 8 Orders Bounce Back in August, But September Month to Watch
Posted: Sep 5, 2013 04:01 PM | Last Updated: Sep 5, 2013 04:01 PM

BLOOMINGTON, IN — Preliminary data on August Class 8 truck net orders from FTR Associates is showing a healthy 11 percent improvement over July.

So far, August orders are sitting at 19,178 units. Compared to a year ago, that's a 21 percent increase.

Still, FTR said, August was the third consecutive month that saw orders sitting below 20,000 units, resulting in annualized orders for the first six months of 2013 to drop to 244,400 units.

August orders were in line with FTR's expectation, said Eric Starks, FTR's president. "While the numbers are significantly better than what we saw at this time last year, they are still noticeably below the build levels posted in July."

Build numbers in July were 22,105 units, and with August orders likely only reaching 19, 200, it'll be more than likely that "production levels will ease back over the next few months to be more in line with the incoming order rates that have only averaged 18,300 units over the last three months," Starks explained.

"The September order number will be the one to watch and will tell us if we can expect to see a pickup later in the fourth quarter. If the numbers stay near current levels then we will likely see a flat fourth quarter with regards to production."

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