Cass Freight Index® Archive

2019

May 2019 - Down 6.0% year over year, the Cass Shipments Index now shows sixth month of declines in North American freight volumes.

April 2019 - Shipments decline another 3.2% year over year.

March 2019 - North American freight shipments declined year over year for the fourth straight month.

February 2019 - Freight shipments see moderate decline for third straight month; still high compared to last ten years. 

January 2019 - Demand continues to exceed capacity in most modes by a material amount, causing pricing power to erupt to levels that spark overall inflationary concerns in the broader economy. 

2018

December 2018 - Demand continues to exceed capacity in most modes by a material amount, causing pricing power to erupt to levels that spark overall inflationary concerns in the broader economy. 

November 2018 - Shipments increase modestly YoY (.6%) – enough to signal economic expansion. Freight expenditures, however, grow disproportionately at 8.4%.

October 2018 - Slightly slowed growth in goods flow, but at 6.2%, our shipments index continues to signal solid economic growth.

September 2018 - 8.2% growth in freight shipments signals a continued expanding U.S. economy.

August 2018 - Despite Wall Street’s concerns about the increased threat of inflation or interest rates hikes, the data displays accelerating strength on top of increasingly difficult comparisons.

July 2018 - the U.S. freight economy is extremely strong, with shipments up 10% year over year.

June 2018 - U.S. economy is clearly ignoring trade war angst and concerns from Wall Street. 

May 2018 - Demand is exceeding capacity in most modes of transportation - significantly.

April 2018 - Volume remains strong, pricing even stronger. Capacity is still tight, but easing.

March 2018 - The story of strong freight volumes continues; of note this month is an explosion in heavy industrial. 

February 2018 - Volume continues to be strong, pricing even stronger – unnecessarily raising broader inflation concerns.

January 2018 - Shipments and expenditures continue their run of positive year over year comparisons, but at an accelerated pace.

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