While May’s Cass Freight Index showed some improvement in activity over the previous month, the index for both shipments and expenditures came in 20% below May 2019.
Truck Tonnage Rose in 2019, but Scored About Half 2018 Gain
The positive 2019 truck-tonnage performance marks the 10th straight annual increase and, according to ATA, reflects the “very choppy” freight market that motor carriers experienced last year.