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 the securities analyst firm Broughton Capital LLC, who provides the analysis we offer each month.
The strength of pricing continued to be under pressure as March's Cass Truckload Linehaul Index declined 0.9% year over year, to 124.5. March's pricing was negative for the thirteenth consecutive month. This is consistent with the pre-announcements of lower earnings by several of the larger trucking companies. Our pricing forecast for 2017 is now -1% to 2%, as the current strength being reported in spot rates by DAT Solutions is leading us to believe contract pricing rates should move back into positive territory at least on a sequential basis.
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.
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or contact Tom Bertolino at 314-506-5932