As the nation’s largest payer of freight bills, Cass manages $28 billion annually in freight spend, enabling us to compile meaningful 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. Calculation methodology for the index was developed by the University of Tennessee’s Global Supply Chain Institute in collaboration with Cass.
Read our monthly report for analysis and commentary on the Cass Intermodal Price Index, Cass Truckload Linehaul Index, and the Cass Freight Index.
Chart: Cass Intermodal Price Index off big vs 2019 due to lower fuel + lag vs TL rates
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).
Data within this unique index is derived from actual freight invoices paid on behalf of Cass’ clients. The data represents the month in which transactions (invoices) are processed by Cass, not necessarily the month when the corresponding shipments took place. Index values are pegged to January 2005 and use a base value of 100.