July Cass data reflective of cycle bottom
Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.
Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.
Data compiled in the Cass Freight Index shows the freight market continued to hover near cycle lows in February.
Cass said Monday that positive trends in freight shipments and expenditures are likely to turn negative year over year in December.
Cass data was positive year over year in September but the report suggests the trend is set to reverse.
Cass data shows freight volumes reached a more than four-year high in August. But linehaul rates slid for the third straight month.
The Cass Freight Index sags in January on a rise in COVID cases, but the dataset appears poised again for strong growth in 2022.
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.
Freight expenditures surged at the fastest rate on record during June, according to data provided by Cass Information Systems.
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.
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.
A decline in contract rates that were implemented prior to the COVID-19 outbreak may make this year tighter for carriers.
Worse-than-expected data from Cass shows year-over-year declines grew in shipments and expenditures. Intermodal pricing falls out of bed.
April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.
Cass Information Systems reports a 6% year-over-year decline in transportation invoices but manages to post another full-year earnings record.
Cass freight data shows softness again in November. While shipment declines extend to a full year, the rate of the declines may be moderating.