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 truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.
The Cass Freight Index sees its steepest decline in shipments since the Great Recession.
