TransCore's Freight Index Up 36% - Truckinginfo.com

From Truckinginfo.com

12/16/2011 TransCore's Freight Index Up 36%

TransCore's North American Freight Index climbed 36% last month compared to November 2010, making it the consecutive month with the highest same-month volume since 2005.

Compared to October, spot market freight volume slipped 4.4%, which is a normal seasonal trend. Spot market freight volume has declined in November since the company established the Index in 1996, with the historical average decline being 15%.

Dry van, the predominant equipment type, rates rose 6.3% compared to November 2010 and increased 0.7% compared to October. Refrigerated ("reefer") van rates rose 3.0% year-over-year and 1.9% month-over-month. National average rates for flatbeds increased 6.4% compared to the same-month in 2010 but declined 4.0% compared to October.

Rate information is also provided by TransCore's Truckload Rate Index and reflects line-haul rates excluding fuel surcharge. Truckload freight rates increased year-over-year on the spot market in November for all equipment types. When compared to October, rates rose for dry van and refrigerated ("reefer") in November but declined for flatbeds.


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My Thoughts: I love hearing stories about freight indexes going up, and sales going up, and the economy "improving" but it all leaves me
with one question: WHERE ARE THE JOBS?

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