Cass Truckload Linehaul Index up 6.7% in September

The Cass Truckload Linehaul Index, which measures changes in per-mile truckload linehaul rates, rose 6.7% year over year in September and was 2.4% higher than August.

Avondale Partners commented, “We are not surprised to see our index continue to post mid-to-high single digit gains, and we expect this to continue through 4Q’14. We continue to expect contract TL pricing to rise 4-6% in 2014, with the higher end looking increasingly likely.”

As the nation’s largest payer of freight bills, Cass manages more than $23 billion annually in freight spend, enabling Cass to compile logistics data that serves as an indicator of transportation industry trends.

The Cass Truckload Linehaul Index™ is a measure of market fluctuations in per-mile truckload linehaul rates, independent of additional cost components such as fuel and accessorials.

Category: Featured, General Update