Cass Truckload Linehaul Index Up 7.2% in March

March’s Cass Truckload Linehaul Index continued the acceleration established over the last four months by posting a 7.2% year-over-year increase (the largest YoY percentage increase since January 2015), to 133.5.

After being negative for 13 months in a row (from March 2016 through March 2017), the Cass TL Linehaul Index has not only been positive now for twelve months in a row, but pricing for trucking continues to gain momentum.

“Our realized contract pricing forecast for 2018 is 6% to 8%, and current data is signaling that the risk to our estimate may be to the upside,” stated Donald Broughton, analyst and commentator for the Cass indexes. “The current strength being reported in spot rates is leading us to believe contract pricing rates should keep rates in positive territory well throughout 2018.”

Category: General Update, News