Spot freight index up 215% in February

Freight availability on the North American spot market in February more than tripled from a year earlier, based on the TransCore Freight Index. February’s increase of 215 percent marked the fifth consecutive month of improvement on a year-over-year basis and indicated unusually strong seasonal volume. The level for February, normally a weak month for spot freight, was within 5 percent of the record levels reached in 2004. The TransCore North America Freight Index measures truckload freight volume found ...

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