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 $26 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 increased 1.9% YoY in October, after growing 3.2% in September and 3.7% in August. "With demand growing softer and capacity becoming more available, we are now forecasting pricing to range from 1% to 3% in 2016," state analysts with Avondale Partners. Despite a more tempered outlook on 2016, contract pricing is expected to continue increasing "after a drawn-out bid season last year."
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 $26 billion in 2014. 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