PORTLAND, Ore.--()--Freight availability in January rose by 54 percent on the North American spot market compared to January 2009 according to the TransCore North America Freight Index. This marked the fourth consecutive month of improvement on a year-over-year basis. The TransCore North America Freight Index measures truckload freight volume found on load boards supported by the DAT Network, including 3sixty Freight Match, TruckersEdge.net and LinkLogistics, the company’s Canadian subsidiary.
As expected, there was a month-to-month dip in spot market freight availability from December 2009 to January 2010. Although the 38 percent decline exceeded seasonal norms, the gap can be attributed to December’s unusually high level of spot freight availability rather than unseasonal weakness in January.
Brokers, 3PLs, carriers, and owner-operators in North America list more than 50 million loads and trucks per year across a variety of services feeding TransCore’s DAT® Network. As a result of this high volume, TransCore’s North America Freight Index is representative of the ups and downs in spot market freight availability throughout the U.S., Canada and Mexico.
The DAT Network sets the standard for load board services in the North America by providing:
- The most loads and trucks found on any load board on the internet or in truck stops,
- The highest number of exclusive loads found on a single load board,
- The best quality brokers in the industry with the highest credit scores and lowest-days-to-pay.
About TransCore’s Commercial Technology Group:
TransCore’s Commercial Technology Group is a leading provider of transportation solutions in the United States and Canada serving brokers, carriers, owner-operators and shippers with best-in-class products. Load boards include Loadlink in Canada and 3sixty Freight Match powered by the DAT Network in the United States, which has set the industry standard for the spot freight marketplace since 1978. TransCore’s asset tracking and in-cab communications solutions feature the industry’s fastest response times and state-of-the-art satellite networking. TransCore provides fleet compliance, distribution and intermodal services, automated carrier safety and insurance monitoring, truckload rate indices for contract markets, and the most popular broker logistics software. TransCore is also the largest global manufacturer of transportation-based radio frequency identification (RFID) applications with 37 million RFID tags and 58,000 readers distributed in more than 40 countries throughout the world. TransCore RFID products support the toll, traffic management, rail, access control, homeland security, and parking markets.
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