Cass Truckload Linehaul Index
A Measure of Market Fluctuations in Truckload Costs
As the nation’s largest payer of freight bills, Cass manages nearly $21 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 the securities analyst firm Broughton Capital LLC, who provides the analysis we offer each month.
According to Donald Broughton with Broughton Capital, pricing for trucking appears to be stabilizing. After being negative for 13 months in a row, the Cass TL Linehaul Index has been positive for three months. June’s Cass Truckload Linehaul Index increased 1.5% YoY, to 123.0. June’s pricing, while promising, was essentially flat (up 0.2%) sequentially versus May, but is still slightly negative (down 0.3%) versus June of 2015. Broughton's pricing forecast has improved for 2017, from -1% to 2%, to 0% to 2%, as the current strength being reported in spot rates is leading him to believe contract pricing rates should keep rates in positive territory through the end of the 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. The index uses January 2005 as its base month.
Cass partners with the securities analyst firm Broughton Capital LLC to publish this Index.
Other Transportation Indexes from Cass
or contact Tom Bertolino at 314-506-5932