Cass Freight Index

Capacity crunch: Competition for carriers brings rising costs, new opportunities Continued freight demand and limited truckload supply are allowing trucking companies to be selective with which loads to take, causing greater competition among shippers. Customer characteristics are playing a key role in contract and spot rate negotiations with carriers reevaluating their customer mix based on […]

Freight costs reach a record, according to November data from Cass Information Systems.

October data from Cass shows supply chain bottlenecks and capacity shortages continue to subdue shipment growth. However, the condition led to another jump in rates.

Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.

August data from Cass shows freight expenditures extend their torrid pace. Freight demand remains high but a lack of capacity is constraining shipment growth.

July data from Cass showed freight shipments remained elevated but labor and equipment shortages constrained growth. Expenditures held near all-time records.

Freight expenditures surged at the fastest rate on record during June, according to data provided by Cass Information Systems.

The Cass Freight Index surged again in May with continued strength recorded in freight shipments and spend. While the year-over-year comparisons become more formidable in the coming months, the current supply-demand fundamentals are expected to remain in play for some time.

Cass freight data released Wednesday shows shipments and expenditures surged again in April.

Cass data published Friday highlights new records as volumes reaccelerate and rates soar.

February freight data from Cass shows a deceleration in the growth rates of shipments and expenditures. Recent weather events have only “coiled the spring” for a continuation of high demand and rising rates.

Several of the nation’s largest retailers say inventory positions are improving. However, retail sales continue to outpace efforts to stock up, suggesting trucking demand could stay elevated well into 2021.

Cass freight data released Thursday shows a huge surge in freight spending with solid growth in shipments. The report indicated that 2021 is unlikely to produce the “rate relief” to shippers that 2019 provided.

The Cass Freight Index sees sequential weakness in shipments but logs year-over-year improvement with expenditures data advancing.

The Cass Freight Index returns positive trends for shipments in October. The expectation is strong volumes will continue with the outlook for higher expenditures on the horizon.

The Cass Freight Index booked 7% sequential gains in shipments and expenditures during September.

Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.

In today’s edition of The Daily Dash, more news from the FreightWaves Carrier Summit, a look inside the nation’s first digital trucking fleet, Amazon’s latest court loss and why Prologis is training logistics workers.

Declines in Cass freight data continue to outpace the industry by a considerable margin. The firm sees improved results on the horizon.

The truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.