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 $20 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 0.3% YoY in January after falling 0.9% and 1.5% in December and November respectively. Although this represents eleven consecutive months of YoY declines, the drop in January was the smallest we’ve seen over that same time frame. After an extended period of soft demand and excess capacity, "we are...seeing some improvements in pricing power of truckers," noted Donald Broughton with Avondale Partners.
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. 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