Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Truckload Linehaul Rates Drop, Intermodal Continues Decline

A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
April 19, 2016
Truckload Linehaul Rates Drop, Intermodal Continues Decline

 

2 min to read


A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010, as intermodal freight rates continued their downward slide.

The Cass Truckload Linehaul Index of 125.7 was 0.6% lower in March compared to the same time in 2015. The figure is 1.2% higher than it was in February, following two straight monthly drops totaling 2.8%.

Ad Loading...

The investment banking firm Avondale Partners, which provides analysis of the report, indicated that risks remain to the downside of their 2016 forecast pricing range, which is between falling 1% to increasing 2%.

The bearish tone is due largely to continued truck over-capacity, which “is a negative to pricing especially in the spot market.”

The index is an indicator of market fluctuations in per-mile truckload pricing that isolates the linehaul component of full truckload costs from other components, such as fuel and accessorials, providing a look at trends in baseline truckload prices.

Ad Loading...

Meantime, the Cass Intermodal Price Index continued its decline, falling another 3% in March from a year earlier, its 15th straight month of year-over-year declines.

The index increased to 129.2 from the month before with a 3.6% gain in March from February. That was not enough to erase the February drop of 3.9% from January.

Analysts with Avondale Partners “expect intermodal rates will continue to decline in 2016 as the dramatic drop in diesel prices and even more dramatic drop in oil takes its toll on U.S. domestic demand.”

Historically, there is a "high degree of correlation between truckload and intermodal pricing," they said. As contract rates for trucking continue to lose strength and move into negative territory, “[this] would imply even more potential weakness for intermodal pricing."

The Cass Intermodal Price Index is an indicator of market fluctuations in per-mile U.S. domestic intermodal costs that includes all costs associated with the move, such as linehaul, fuel and accessorials. It is based on costs as of January 2005 and uses a base value of 100.

Ad Loading...

Data within both measures is derived from actual freight invoices paid on behalf of clients of payment processor Cass Information Systems, which totaled $25 billion in 2015.

Both reports come as little surprise following the release on Monday of the Cass Freight Index report for March showing that growth in overall freight shipments moderated while spending on freight shipments fell.

More Fleet Management

Red Kodiak-branded autonomous tractor with Charger-branded trailer backed up to warehouse
Fleet Management•October 30, 2026

Kodiak Lines Up Fleets for Driverless Trucking

An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.

Read More →
Illustration with Star of David and EEOC logo
Fleet Management•by News/Media Release•October 28, 2026

ITS Logistics Settles Religious Harassment Case

The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.

Read More →
Truck on divided interstate highway driving toward sunrise
Fleet Management•October 27, 2026

Your Trucks Are Busy. That Doesn’t Mean They’re Winning.

High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.

Read More →
Ad Loading...
ATA economist Bob Costello speaking beside a graph showing truckload operating costs rising as freight revenue per mile declined after 2022.
Fleet Management•by Deborah Lockridge•October 22, 2026

Why This Trucking Recovery Is Different

Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.

Read More →
PS Coach tablet interface showing a driver’s coaching inbox, safety event video and coaching advice for a harsh-braking event.
Fleet Management•by News/Media Release•October 21, 2026

Platform Science Adds Dispatch and Safety Tools

Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.

Read More →
Screen capture showing PrePass Intelligence data on tolls
Fleet Management•by News/Media Release•October 21, 2026

PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data

PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.

Read More →
Ad Loading...
Computer screen showing examples of what fleets could ask Motive AI Agents to do
Fleet Management•by Staff•October 20, 2026

Motive Adds AI Agents for Fleet Operations

New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.

Read More →
Graphic art with a heavy-duty tractor trailer and a work truck with the words "trivia lunch"
Fleet Management•by Lauren Fletcher•October 19, 2026

Can You Beat Our Trucking Trivia Challenge?

Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?

Read More →
Four horizontal and two vertical video screens show different aspects of BeyondTruck's new compatibility engine
Fleet Management•by Deborah Lockridge•October 19, 2026

BeyondTrucks Adds Rules Checks to Dispatch

New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.

Read More →
Ad Loading...
Gloved hand fueling a truck beside a graphic listing ATRI’s top three trucking concerns for 2026: fuel prices, lawsuit abuse reform and CSA.
Fleet Management•by Deborah Lockridge•October 19, 2026

Diesel Prices Hijack Trucking’s Worry List

ATRI’s annual survey finds cautious optimism about freight, but diesel costs, litigation, and insurance continue to squeeze fleets. Drivers have different priorities on several issues.

Read More →