The Cass Freight Index sags in January on a rise in COVID cases, but the dataset appears poised again for strong growth in 2022.
Supreme Court blocks COVID vaccine mandate for large businesses On Thursday, the Supreme Court ruled in a 6-3 decision that blocked enforcement for vaccine or testing requirements for large private companies over 100 employees. Prior to the decision, the Occupational Safety and Health Administration issued new guidance, stating the vaccine mandate rule would not apply […]
December data from Cass Information Systems shows freight shipments and expenditures continued a surge to close 2021.
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.
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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.
In today’s edition of The Daily Dash, freight rates continue to rise. Plus, FMCSA has asked for a delay in a lawsuit seeking to roll back HOS rules, and Haul is attracting some of the most prominent names in the industry as investors.
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 December rates subindex jumped 13% year-over-year, setting the stage for big rate hikes in 2021, according to Cass data.
In today’s edition of The Daily Dash, transportation analysts say the good times will likely continue for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.
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.
