Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6.0% year-over-year increase – the largest in 35 months – and setting a new high. From February, linehaul rates rose 3.7%, displaying an above-normal sequential increase for the fourth straight month. Demand for freight transportation continues to […]
According to Cass Information Systems, truckload linehaul rates continue to rise. February saw costs that were 2.8% higher than the same month last year. And while, on average, truckload rates fall .5% from January to February, this year only saw a .1% decline. With demand increasing and capacity decreasing (the last two quarters have witnessed […]
In what may suggest a worrying economic signal, the month of November saw U.S. ocean container exports hit their lowest point since January 2010, when the Cass Freight Index began tracking. According to Cass, the November export index registered .934, compared to our baseline of 1.0 in January 2010.This is only the second time that […]
