Truckload Linehaul Costs Up 6.4% Year Over Year
Cass Truckload Linehaul Index Released
Cass manages $28 billion annually in freight spend, enabling Cass to compile meaningful 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.
January’s Truckload Linehaul Index continued the run of price increases that began in November ’17 and follows 2018 (which was the strongest year of realized pricing for truckload since deregulation in 1980). Just shy of the all-time high established last month (144.2), January’s nominal index value of 142.0 was a YoY increase of 6.4%
Intermodal Costs Hit Record High
Despite the ongoing decline in diesel prices, intermodal pricing (all costs included) increased 3.6% sequentially and 6.8% YoY to hit an all-time high in January 2019. On a nominal basis, the index rose to 151.0, easily surpassing the previous record high of 147.3 established in October. January marked the 28th consecutive month of increases, and brought the three-month moving average to 8.6%.
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