Cass Truckload Linehaul Index
A Measure of Market Fluctuations in Truckload Costs
As the nation’s largest payer of freight bills, Cass manages nearly $21 billion annually in freight spend, enabling Cass to compile meaningful data that serves as an indicator of transportation industry trends. The Cass Truckload Linehaul Index™ is a measure of market fluctuations in per-mile truckload linehaul rates, independent of additional cost components such as fuel and accessorials. Cass partners with the securities analyst firm Broughton Capital LLC, who provides the analysis we offer each month.
Truckload shipping costs (linehaul only) increased 5.5% from last October. This is an all-time high for this index, which we’ve been tracking since 2005. Linehaul costs have not only been up over 2016 for the last seven months, but these increases have been growing larger. “In just the last 120 days, our pricing forecast for 2017 has improved from -1% to 2%, to 0% to 2%, to 2% to 4%, as the current strength being reported in spot rates by DAT Solutions is leading us to believe contract pricing rates should keep rates in positive territory through the end of the year.”
View data points from 2005-present.
Subscribe to receive the Index monthly.
The Cass Truckload Linehaul Index™ is an accurate, timely indicator of market fluctuations in per-mile truckload pricing. The index isolates the linehaul component of full truckload costs from other components (e.g. fuel and accessorials), providing an accurate reflection of trends in baseline truckload prices.
Data within this unique index is derived from actual freight invoices paid on behalf of Cass’ clients. The index uses January 2005 as its base month.
Cass partners with the securities analyst firm Broughton Capital LLC to publish this Index.
Other Transportation Indexes from Cass
or contact Tom Bertolino at 314-506-5932