Freight volumes sputtered in March, climbing 1.4 percent from February and dropping 1.5 percent year-over-year, while shipper spending on transportation dropped 1 percent from February and was down 7 percent from March 2015, according to the Cass Freight Index.
Cass Information Systems
24 Feb 2016
The Cass Truckload Linehaul Index rose only 0.4 percent in January, the lowest increase for the index since 2010, while the Cass Intermodal Price Index dropped 2.2 percent.
11 Nov 2015
The Cass Freight Index, both for U.S. freight shipments and payments, dropped a step in October, as shippers worked through piles of inventory.
14 Sep 2015
The addition of some over-the-road capacity is tempering contract rate hikes, Avondale Partners says. Low spot market truck rates and fuel prices may be helping, too.
12 Aug 2015
The surge in freight traffic that began in April dissipated in July, as shipments dropped 1.6 percent from June, the latest Cass Freight Index shows. That's a normal seasonal trend, Cass said, pointing out that volumes are still higher than in 2013 and the early economic recovery.
10 Feb 2015
U.S. freight shipments and spending took a seasonal dip in January, but remained elevated compared with 2013 and previous years.
02 Feb 2015
Avondale Partners sees higher over-the-road pricing ahead for shippers, but still expects some freight to shift from intermodal rail to truck as fuel prices and surcharges plummet, cutting into total trucking costs.
18 Dec 2014
Truckload rates and intermodal pricing continued their year-over-year climb in November, spurred by stronger freight demand and port congestion.
10 Oct 2014
Shipper spending rose faster than shipment volume in September, according to the Cass Freight Index, as the economy cooled a degree but U.S. freight rates remained elevated and surface transportation capacity tight amid the inland peak shipping season.