Latest posts about Cass Freight Index
Page 3 of 10 pages.
Cass Freight Index trends down but still posts strong gains
July 13, 2021
The report’s shipment reading—at 1.231—saw a 26.8% annual gain, falling short of May’s 35.3 annual increase, to 1.269, which set a new record for annual percentage growth and the second-best reading ever, trailing only May 2018. Compared to May, the June reading was off 3% and was off 4.2%, for the same period, on a seasonally-adjusted (SA) basis, following May’s 5.9% SA gain compared to April.
Cass Freight Index Report posts strong gains for May freight shipments and expenditures
June 14, 2021
The report’s shipment reading—at 1.269—was up 35.3% annually, outpacing April’s 27.6% annual spread, setting a new record for annual percentage growth and the second-best reading ever, trailing only May 2018. For freight expenditures, Cass reported that, for May, freight expenditures grew at its fastest pace on record, increasing 49.9%. over May 2020, to 3.362, topping April’s 45.1% annual increase.
April Cass Freight Index Report posts strong gains against mild annual comparisons
May 12, 2021
The report’s shipment reading—at 1.178—saw a 27.6% annual gain, which outpaced March’s 10% annual increase, and was down 3.1% compared to March on a seasonally-adjusted (SA) basis. On the spend side, Cass reported that April expenditures—at 3.452—headed up 45.1% annually, setting a new record and topping March’s 27.5% annual increase, and saw a 1.1% SA gain compared to March.
March Cass Freight Index Report trends up for shipments and expenditures
April 19, 2021
The report’s shipment reading—at 1.196—headed up 10% annually, well outpacing February’s 4.1% annual gain that was impacted by harsh winter weather, and was also up 5.8% compared to February and up 3.4% compared to February on a seasonally-adjusted (SA) basis.
Freight shipments and expenditures show gains in February, reports Cass Freight Index
March 18, 2021
The report’s shipment reading—at 1.130—increased 4.1% annually, trailing January’s 8.6% annual gain, and it was up 1.8% compared to January. February expenditures—at 3.132—rose 16.9% annually, trailing January’s 19.5% annual gain, while rising 2.0% annually.
Freight shipments and expenditures remain in good shape in January, reports Cass Freight Index
February 18, 2021
The report’s shipment’s reading—at 1.110—headed up 8.6% annually, topping December’s 6.7% annual increase, and expenditures—at 3.070—saw a 19.5% annual gain and a 0.2% sequential decline.
Cass Freight Index ends 2020 with solid growth
January 15, 2021
The report’s December shipments reading—at 1.122—saw a 6.7% annual increase, and December freight expenditures—at 3.077—saw a 13% annual increase, turning in its highest reading on record.
Cass Freight Index shows November shipment and rate gains
December 17, 2020
The report’s November shipments reading—at 1.154—saw a 2.7% annual increase, topping October’s 2.4% annual gain (the first time this reading was positive in nearly two years, and November freight expenditures—at 2.971—headed up 5.7% annually, topping October’s 3.1% annual spread.
Cass Freight Index Report shows positive signs for freight shipments and expenditures
October 19, 2020
September shipments—at 1.099—were down 1.8% annually, nearly 6% better than August’s 7.6% annual decrease and were up 7.1% compared to August. And September expenditures, which measures the total amount spent on freight—at 2.888—rose 1.2% annually and were up 7.2% over August.
ATA August truck tonnage data points to uneven freight patterns
September 22, 2020
The ATA’s advanced Seaonally Adjusted (SA) For-Hire Truck Tonnage Index for August—at 107.5 (2015=100)—was off 5.6%, from July, which was at 113.9, to August, following a 1.4% decrease, from June to July.
Cass Freight Index Report shows encouraging shipment and expenditure signs, for August
September 21, 2020
August shipments—at 1.099—were off 7.6% annually, improving over July’s 13.1% annual decrease, while rising 8% over July and expenditures—at 2.695—were down 5.1% compared to August 2019 and up 9.9% compared to July.
July Cass Freight Index shows sequential gains, annual declines
August 24, 2020
July shipments—at 1.018—were down 13.1% annually, faring better than June’s -17.8% annual spread, and up 4.8% compared to June, and expenditures—at 2.452—were down 14.3% annually and up 2.8% compared to June.
May Cass Freight Index shows minimal signs of improvement
June 16, 2020
With minimal improvement off of dismal April readings, which were viewed as “recessionary,” the May edition of the Cass Freight Index, from Cass Information Systems, showed that the impact of the ongoing COVID-19 pandemic on freight transportation shipments and expenditures remains intact.
Freight shipments and expenditures fall in March with further declines expected, says Cass
April 14, 2020
March shipments—at 1.087—fell 9.2% annually and eked out a 0.2% increase compared to February, and expenditures——at 2.651—fell 8.2% annually and are down 1% compared to February.
Cass Freight Index Report sees more shipment and expenditure declines in January
February 19, 2020
January shipments—at 1.022—fell 9.4%, marking its largest annual decline going back to 2009, while also dropping 2.9% compared to December, and January expenditures—at 2.568—fell 8% annually and were down 5.7% compared to January 2019.