Southbound Loads Lead Canadian Spot Market Volume Surge
The Canadian spot market surged in September marking it as the strongest year over year growth in a one month period in over 2 years. The Ontario and Quebec markets benefitted the most by this increase, each seeing an increase of over 40%. According to Loadlink Technologies the outbound cross-border activity has been what’s leading this surge. The truck to load ratio was 3.24 down 7% from 3.50 and is reflective of the tightening capacity. …read more
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