Cass Truckload Linehaul Index
A Measure of Market Fluctuations in Truckload Costs
As the nation’s largest payer of freight bills, Cass manages $25 billion annually in freight spend, enabling Cass to compile meaningful logistics 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 analyst firm Avondale Partners, who provides the analysis we offer each month.
The Cass Truckload Linehaul Index, which tracks monthly changes in linehaul rates, declined 1.5% YoY in November, representing nine consecutive months of YoY declines. Despite this negative trend, analysts at Avondale Partners commented, "the current strength being reported in spot rates is leading us to believe that [our current -3% to 1% truckload pricing forecast] may need to be improved/moved to a slightly more positive outlook if the strength in spot rates continues long enough to move contract rates back into positive territory."
View data points from 2005-present.
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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, which totaled $25 billion in 2015. The index uses January 2005 as its base month.
Cass partners with the securities analyst firm Avondale Partners LLC to publish this Index.
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or contact Tom Bertolino at 314-506-5932