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 decreased 0.6% YoY in March, the first negative price change since May 2010. Avondale Partners indicated that risks remain to the downside to their 2016 forecasted pricing range of -1% to 2%. The bearish tone is due largely to continued over-capacity which “is a negative to pricing especially in the spot market.”
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.
Other Transportation Indexes from Cass
or contact Tom Bertolino at 314-506-5932