Truckload Linehaul, Intermodal Rates Continue Falling
Truckload linehaul rates fell again in July from the same time a year ago, marking the fifth straight month of year-over-year declines, according to latest readings from the Cass Truckload Linehaul Index.


Truckload linehaul rates fell again in July from the same time a year ago, marking the fifth straight month of year-over-year declines, according to latest readings from the Cass Truckload Linehaul Index.
The drop of 1.6% puts the measure at 122.5, but that is up 1.1% from June and is at its highest level since April.
Analysts at the investment firm Avondale Partners predict that pricing will remain down as much as 3% year-over-year for the remainder of 2016.
“Several factors continue to contribute to increased capacity, including driver pay increases; newer, more reliable trucks; overall fleet growth and an easing of the 34-hour restart rule,” the report said.
The index is an indicator of market fluctuations in per-mile truckload pricing, isolating the linehaul component of full truckload costs from other components, such as fuel and accessorials, providing a look at trends in baseline truckload prices.
Meantime, intermodal pricing fell 2.4% year-over-year in July, representing 19 straight months of declines.

Despite the drop in the Cass Intermodal Price Index the reading of 123.5 is 2% better when July is compared to June, following three straight month-over-month falloffs.
Historically, there is a "high degree of correlation between truckload and intermodal pricing," according to analysts with Avondale Partners. As contract rates for trucking continue to lose strength and move further into negative territory, “[this] would imply even more potential weakness for intermodal pricing," the report said.
The intermodal index is an indicator of market fluctuations in per-mile U.S. domestic intermodal costs, and includes all costs associated with the move, such as linehaul, fuel and accessorials.
Both the intermodal and the linehaul indices are based on costs as of January 2005 and use a base value of 100. Data is derived from actual freight invoices paid on behalf of freight payment processor Cass Information System and its clients, which totaled $25 billion in 2015.
The reports follow the release of the Cass Freight Index, which measures freight activity across all domestic modes, showing during July overall shipment volumes and pricing were persistently weak, with increased levels of volatility as all levels of the supply chain continue to try to work down inventory levels.
More Fleet Management

Holiday Freight Meets a Tight Trucking Market
There's no freight boom, but truckload carriers are finding themselves in a stronger position to negotiate rates. And holiday shipping demand could tighten the market further.
Read More →
What Trucking Events are Happening in 2027?
Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.
Read More →
Does Your Trucking Fleet Need a New TMS?
Artificial intelligence and better integrations promise less busywork and more useful data. Can your TMS help your company solve problems? Do you need additional vendors or an upgrade? Or is it time to look for a new platform?
Read More →
Fleet Costs Shape ACT Expo 2027 Agenda
With diesel prices high and operating expenses under pressure, ACT Expo's 2027 agenda emphasizes fuel efficiency, AI, safety and the return on fleet technology investments.
Read More →
Does Your Trucking Fleet Need a New TMS? [Video]
Cloud technology, AI and new integrations are changing what transportation management systems can do. But does taking advantage of those advances mean replacing your existing TMS?
Read More →
Road Ready Becomes Saegic, Launches New Trailer Telematics Gateway
Clarience Technologies is rolling out new hardware and expanding its plans for connecting trailer telematics, maintenance data, and video.
Read More →
Give Your Trucking Fleet a Cybersecurity Walkaround
Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.
Read More →
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 →
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 →
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 →
