After offering a glimmer of ‘less bad’ hope in August (only down 1.1% YoY and up 0.4% sequentially), the Cass Freight Index shipments data in September disappointed, providing hindsight that August only delivered ‘false hope.’ September data is once again signaling that overall shipment volumes (and pricing) continued to be weak in most modes, with […]
According to Cass Information Systems, truckload linehaul rates paid in January increased 2.9% year over year, resulting in the largest year-over-year increase in linehaul rates since last February. Recent spot market data, combined with increasing demand and a high number of trucking companies exiting the market, all seem to indicate that rates – both contracted […]
Freight performance was a bit of a mixed bag in 2013 according to Cass Freight Index, with expenditures up 1% and shipments down 3.2%. The research group characterized the year’s North American freight as “mediocre,” a period in which “inventories remained high <and> manufacturing stalled.” All of this contributed to “another bumpy year in the […]
