Cass Intermodal Price Index
A Measure of Market Fluctuations in Per-Mile Intermodal Freight Costs
As the nation’s largest payer of freight bills, Cass manages more than $20 billion annually in freight spend, enabling us to compile meaningful logistics data that serves as an indicator of transportation industry trends. The Cass Intermodal Price Index™ is a measure of market fluctuations in U.S. domestic intermodal costs. Cass partners with analyst firm Avondale Partners, who provides the analysis we offer each month.
The Cass Intermodal Price Index, measuring changes in total intermodal per-mile costs, increased 4.9% YoY in February, the largest YoY increase since January 2012 (influenced by the 29% YoY increase in fuel). Analysts at Avondale Partners expect intermodal pricing to be stronger than last year, given that the price of diesel fuel has recovered from oversold lows. "The current level of demand and pricing will produce a positive YoY comparison for the next 9 to 10 months," stated Avondale.
View data points from 2006-present.
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The Cass Intermodal Price Index is an accurate, timely indicator of market fluctuations in per-mile U.S. domestic intermodal costs. The index includes all costs associated with the move (linehaul, fuel and accessorials). It is based on costs as of January 2005 and uses a base value of 100.
Data within this unique index is derived from actual freight invoices paid on behalf of Cass’ clients.
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