TransCore's March Freight Index Jumps 259 Percent Year Over Year | SupplyChainBrain

TransCore's March Freight Index Jumps 259 Percent Year Over Year

April 21, 2010

Spot market freight availability increased by 259 percent in March, compared to the same month in 2009, according to TransCore's North American Freight Index. The high load volume in March, added to the atypically high totals of January and February, contributed to the strongest first quarter volume since 2004.

March's spot freight also exceeded February's near-record volume by 44 percent. A month-over-month increase of this magnitude is typical of the season.

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 United States and Canada.

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