Spot freight up year over year
TransCore announced July 19 its North American Freight Index for June showed a 112 percent increase in spot market freight availability compared to the same period last year.
Spot market freight availability for the second quarter of 2010 was 60 percent higher than first-quarter volume and 331 percent higher than the recession-plagued activity of last year’s second quarter.
Overall load volume dropped 11 percent in June from May as flatbeds receded from five months of extraordinarily high volume. Consistent with historic seasonal trends, dry and refrigerated van loads were up by 2 percent in June from May.