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 $22 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. Until March 2013, this index was known as the Cass Intermodal Linehaul Index and measured changes in linehaul rates only.
The cost to move goods via intermodal was down 0.4% year over year in October, after coming in a little bit higher than 2012 levels in September and August. From September, costs were up 3.7%.
Avondale Partners’ most recent analysis on intermodal pricing included the following: “We believe that despite slower growth in the domestic container fleet, improved rail service, and increased share gains at the expense of long-haul TL, that the pricing dynamic in intermodal remains very competitive. We expect linehaul rates to remain relatively flat in the near term, but do expect fluctuations in diesel to cause 'all-in' pricing to continue to be somewhat volatile.”.
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 $22 billion in 2012.
Cass partners with the securities analyst firm Avondale Partners LLC to publish this Index.
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