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.