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 is showing further stability. May’s Cass Truckload Linehaul Index increased 1.1% YoY to 122.7, a continuation of last month’s YoY pricing growth (recall that April’s +1.3% YoY marked the end of 13 consecutive months of pricing contraction). May’s pricing, while promising, declined 1.5% sequentially versus April 2017 and is flat versus May of 2015. Broughton's pricing forecast remains -1% to +2%, as the current strength being reported in spot rates leads him to believe contract pricing rates should move back into positive territory by 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.
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or contact Tom Bertolino at 314-506-5932