Cass Truckload Linehaul Index
A Measure of Market Fluctuations in Truckload Costs
As the nation’s largest payer of freight bills, Cass manages more than $22 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.
In October, the Cass Truckload Linehaul Index set a new all-time high, with truckload linehaul rates registering 0.9% higher than in October of last year and .7% higher than in September. Rates rose for the third month in a row (as is the usual pattern for this time of year).
Supply and demand in the truckload marketplace remain relatively balanced for now. Capacity continues to shrink slowly, while truck tonnage has been increasing.
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 over $22 billion in 2012. 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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