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 $26 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.
Our latest data point shows that total intermodal costs (all in) fell 3.1% year over year in May. As lower fuel surcharges continue to affect the cost of truckload shipping (note: our truckload index does not take fuel into account), many loads are shifting from intermodal to truckload. That said, however, intermodal rates seem to mirror changes in fuel and remain competitive. Additionally, efforts to shift modes continue to be challenged by limited capacity.
View data points from 2005-present.
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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.
Other Transportation Indexes from Cass
or contact Tom Zygmunt at 314-506-5836