Truckload Linehaul Rates Up in September
According to Cass Information Systems, Truckload linehaul rates in September were up 1.7% year over year and 2.7% from the previous month. Demand for truckload continues to increase, posting mid-single digit growth in recent months, and capacity remains tight.
Cass Intermodal Price Index
Intermodal costs (all in) were down 0.5% year over year in September, and fell 1.2% from August. Despite record volumes (partially due to mode shift from long-haul truckload), the pricing dynamic in intermodal remains very competitive.
“We expect linehaul rates to remain relatively flat in the near term, but do expect fluctuations in diesel to cause ‘all-in’ pricing to continue to be somewhat volatile,” reported Avondale Partners in its most recent report.
Category: General Update