Cass Truckload Linehaul Index®

An accurate indicator of the latest developments in per-mile truckload pricing, derived from Cass client invoices and giving you reliable insight into baseline truckload pricing. 

A Measure of Market Fluctuations in Truckload Costs

As the nation’s largest payer of freight bills, Cass manages $28 billion annually in freight spend, enabling Cass to compile meaningful 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.

April 2019

The Cass Truckload Linehaul Index, which measures changes in realized linehaul rates, continued the run of price increases in April that began in November 2017. Linehaul rates are now just shy of the all-time high established in December 2018. April’s index value of 138.4 was a YoY increase of 2.7%, and while it was impressive given the increasingly difficult comparisons, it also suggests that the weakness in spot pricing is beginning to have a material effect.

With spot rates >30% lower than contract rates and therefore applying negative pressure, analyst and commentator for the Cass Indexes, Donald Broughton, lowered his 2019 pricing forecast. “After starting the year with a 2% to 5% range, in March we lowered it to a 1% to 3% range, and are now predicting a range of -2% to 1%.”

 

To activate the data download feature, double click within the chart area and then select the download icon.

 

To activate the data download feature, double click within the chart area and then select the download icon.

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Index Definition

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.