Cass notes ‘signs of price stabilization’ in soft September update
Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.
Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.
Cass Information Systems’ August update shows a freight market that is still awaiting a recovery.
Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.
Freight shipments and expenditures remained depressed in June, Monday data from Cass Information Systems showed.
Shipments and cost data for May show no letup in the freight downcycle.
April data from freight payments platform Cass shows freight demand remains near cycle lows.
March provides little relief from the freight downturn, contrary to what carriers had hoped.
Data compiled in the Cass Freight Index shows the freight market continued to hover near cycle lows in February.
December data from Cass Information Systems shows further rate stabilization, albeit at depressed levels.
Data from the November Cass Freight Index shows both shipments and expenditures remained pressured.
A Tuesday report from Cass Information Systems showed freight shipments in January were flat with December on a seasonally adjusted basis.
Cass data shows changes in freight shipments and expenditures during July were less volatile when compared to prior months.
June shipments data from Cass shows the fourth decline in six months from 2021 levels.
Cass freight data shows shipments recovered in May as costs stepped down from record levels.
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.
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.
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.
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.