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.
October freight data from Cass Information Systems showed continued softness into peak season.
Data published Monday from freight payments provider Cass says the industry may be close to entering a new cycle.
A Tuesday report from Cass Information Systems showed freight shipments in January were flat with December on a seasonally adjusted basis.
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.
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.
Freight data from payments management platform Cass showed April volume declines were worse than normal seasonal trends.
The Cass Freight Index recovered some of the January volume decline tied to omicron absenteeism throughout the supply chain.
December data from Cass Information Systems shows freight shipments and expenditures continued a surge to close 2021.
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.