Truckload Linehaul Index Up

The Cass Truckload Linehaul Index remains higher than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.

In its monthly investor report, Avondale Partners stated, “We would point out that contract pricing (which applies to 95+% of the public carriers’ freight) has been accelerating after a drawn-out bid season last year. As a result, although spot market pricing has decelerated somewhat (it remains strong), we are not surprised to see our index continue to post mid-to-high single digit gains and we expect this to continue.”

The group sees TL pricing increasing between 4% and 9% in 2015, depending on how much rate increase each carrier was successful in obtaining in 2014 and when those rate increases were achieved.

Category: Featured, General Update