Cass Intermodal Price Index

A Measure of Market Fluctuations in Per-Mile Intermodal Freight Costs

As the nation’s largest payer of freight bills, Cass manages more than $23 billion annually in freight spend, enabling us to compile meaningful logistics data that serves as an indicator of transportation industry trends. The Cass Intermodal Price Index™ is a measure of market fluctuations in U.S. domestic intermodal costs.

November 2014

The Cass Intermodal Price Index rose 3.1% year over year in November, which was a slight drop from October’s costs. This year over year growth has slowed slightly from the 3.9% increase in October but still demonstrates a trend towards continued increases into 2015.

With fuel and other costs factored into this index, Avondale Partners points out that base rates are increasing “at a rate that surpasses the lag due to [decreasing] fuel pricing.” They project rates to remain competitive but rising “as ever more long-haul carriers move into shorter lengths of haul and the TL market continues to tighten.”

Cass Intermodal Cost Index November 2014

Intermodal Price Index November 2014

View data points from 2005-present.

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Index Definition

The Cass Intermodal Price Index is an accurate, timely indicator of market fluctuations in per-mile U.S. domestic intermodal costs. The index includes all costs associated with the move (linehaul, fuel and accessorials). It is based on costs as of January 2005 and uses a base value of 100.

Data within this unique index is derived from actual freight invoices paid on behalf of Cass’ clients, which totaled over $23 billion in 2013.

Cass partners with the securities analyst firm Avondale Partners LLC to publish this Index.

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Contact:
Tom Zygmunt
314-506-5836