Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Intermodal Freight Rates Jump, Truckload Linehaul Slips

Intermodal rates rose in January by the largest amount in more than two years, while truckload linehaul rates retreated, according to one measure.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
February 21, 2017
Intermodal Freight Rates Jump, Truckload Linehaul Slips

 

2 min to read


Intermodal rates rose in January by the largest amount in more than two years, while truckload linehaul rates retreated, according to one measure.

The Cass Intermodal Price Index rose 3.8% in January from the same time in 2016, the largest year-over-year increase since October 2014, due largely to a nearly 22% increase in fuel cost over the past year. The reading of 134.7 also marks a 4.3% increase from December 2016 and puts the index at its highest level since April 2014.

Ad Loading...

Although diesel fuel prices have recovered from their early 2016 lows, "we do not expect a significant amount of sequential strength from intermodal," said the investment firm Avondale Partners, which provides analysis of the report. “But the current level of demand and pricing will produce a positive year-over-year  comparison for the next nine to 10 months.”

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.

Meantime, the Cass Truckload Linehaul Index was 0.3% lower in January than the same time a year ago, after falling 0.9% and 1.5% in December and November, respectively. The January reading of 125.4 is also down 1% compared to December, following a 2.6% gain from November.

Ad Loading...

Although this represents 11 consecutive months of year-over-year declines, the drop in January was the smallest over that time frame.

The good news, according to Avondale Partners Analyst Donald Broughton, is that after an extended period of soft demand and excess capacity, "we are...seeing some improvements in pricing power of truckers.”

The Cass Truckload Linehaul Index is an indicator of market fluctuations in per-mile truckload pricing that isolates the linehaul component of full truckload costs from others, such as fuel and accessorials, providing a reflection of trends in baseline truckload prices.

Data within both measures comes from actual freight invoices paid on behalf of clients of freight payment processor Cass Information Services.

More Fleet Management

Illustration of computer screen with Trimble Arc Agent screen
Fleet Managementby Deborah LockridgeAugust 14, 2026

Trimble’s New AI Agent Takes Aim at Fleet Back-Office Busywork

Arc Agent works across Trimble TMS products to automate repetitive tasks such as freight orders, maintenance, invoices, fuel costs and more.

Read More →
Photos of three men and two women with HDT Truck Fleet Innovators 2026 logo
Fleet ManagementCover Storyby Deborah LockridgeAugust 13, 2026

How HDT’s 2026 Truck Fleet Innovators Are Rethinking Fleet Operations

Meet five trucking leaders who are challenging assumptions, solving operational problems, and putting innovative ideas to work.

Read More →
Graph showing how contract rates and spot rates converged in July
Fleet Managementby StaffAugust 12, 2026

Tight Trucking Capacity Pushes Rates Higher Even as Freight Volumes Fall

“Spot rates moving ahead of contract rates have historically signaled a tightening market, but we haven’t seen a capacity-driven market quite like this one,” said DAT's Dean Croke.

Read More →
Ad Loading...
Line graph showing container import volumes
Fleet Managementby StaffAugust 7, 2026

Import Cargo’s Early Peak Season is Winding Down

There was an early start to peak season this year at the nation's gateway ports, as retailers brought in merchandise ahead of tariff changes in late July and responded to other supply chain uncertainties,

Read More →
Blue infographic with graphs illustrating cargo theft trends in the second quarter of 2026
Fleet Managementby Deborah LockridgeAugust 6, 2026

Fewer Cargo Thefts, Bigger Losses: Criminals Target Higher-Value Loads

CargoNet says organized theft rings are stealing fewer shipments but choosing more valuable freight, including metals and technology, resulting in record losses.

Read More →
Illustration of a chalkboard with a hand drawing an arrow curving away from a partially erased straight arrow with the words "Embracing Change," the Heavy Duty Trucking Logo and the "cover feature" graphic.
Fleet Managementby Deborah LockridgeAugust 1, 2026

How Innovative Trucking Leaders Turn Change Into an Advantage

As the pace of change accelerates in trucking, the fleets that adapt best have more than the latest technology. They have cultures that embrace improvement.

Read More →
Ad Loading...
Illustration of past due invoices with red X on top with background of a truck at a loading dock
Fleet ManagementJuly 27, 2026

Freight Broker Bonds Just Got Harder to Get. Here's What That Means for Your Fleet.

When it gets harder for a freight broker to prove they are financially sound, the ones who cannot clear that bar get pushed out of the market. And those are exactly the brokers who used to leave motor carriers holding the bag.

Read More →
Photo of cable bridge crossing Detroit River
Fleet Managementby Deborah LockridgeJuly 23, 2026

Long-Awaited Canadian Border Bridge to Open in Detroit

For trucking, the bridge opening should offer immediate improvements in efficiency and reliability, with new customs facilities, expanded inspection capacity, and direct freeway-to-freeway connections.

Read More →
Blue International heavy-duty truck with Aurora driverless truck software coming head-on on an interstate highway
Equipmentby Deborah LockridgeJuly 22, 2026

Aurora Rolls Out Next Generation of Driverless Trucks for Commercial Freight

Aurora's latest autonomous trucks it's rolling out with International feature lower-cost hardware designed for a million miles as the company expands commercial driverless freight operations across the U.S. Sun Belt.

Read More →
Ad Loading...
American Trucking Associations for-hire tonnage graph
Fleet Managementby Deborah LockridgeJuly 21, 2026

Freight Tonnage Down, Rates up, as Lower Capacity Powers Trucking Recovery

The recovery from the freight recession continues to be driven by reduction in capacity rather than by increased demand.

Read More →