Canadian truckload spot market volume up slightly in August

Load volumes in August on Loadlink’s Canadian spot market rose slightly by four percent from July. Continuing from July, very strong outbound cross-border performance offset a decline in inbound volumes, while domestically, freight volumes remained steady with a very minor two percent uptick month-over-month.

Loadlink reports huge monthly improvements in outbound cross-border postings for Ontario and Western Canada, yet Quebec trailblazed as best performing market so far into Q3 2021.

Outbound cross-border loads were the best performing area of Loadlink as overall load posting volumes spiked another 42 percent in August from an already impressive 24 percent gain in July. Inbound cross-border activity in August saw an overall decline to counteract some of the gains from improved outbound volumes.

Load volumes on the domestic front for Loadlink’s Canadian spot market remained relatively stable again as August saw just a two percent increase in postings following July’s steady numbers over June.

Source: Loadlink

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