A major freight index edged downward in January as spot truckload freight settled into a “typical” post-holiday pattern, albeit at significantly elevated levels compared to this time last year. The Freight Index dropped 2.5 percent in January compared to an exceptionally strong December and was 56 percent higher year over year, said DAT Solutions, which […]
A sharp increase in e-commerce traffic and refrigerated produce is extending the busy holiday season for truckload carriers, as the availability of spot truckload freight gained in November on both a month-over-month and year-over-year basis, according to the DAT North American Freight Index. The November Freight Index reflects a continued pattern of unseasonably strong freight […]
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 […]
For the fourth time in the past five months the freight index rose faster than the capacity index, according to ACT Research. While the changes remain small, the data suggest that excess equipment additions relative to freight growth have come to an end, and the process of rebalancing capacity and freight is underway. Reported purchasing […]
The Cass Truckload Linehaul Index fell another 2.8% year over year in August after decreases of 1.8% and 1.6% in June and July respectively. This represents six consecutive months of year over year declines in truckload linehaul costs. Analysts at Avondale Partners have adjusted their pricing forecasts further downward to a range between -3% and […]
A bit more bright news: According to ACT Research, tor the third time in the past four months, the freight volume index is a nice change after last month’s worst-in-4-years performance. The recent shift to positive in this metric since May suggests that if conditions are net exactly improving at this point, they have at […]
