Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Truckload Linehaul, Intermodal Pricing Jump at Least 4%

Separate measures of truckload linehaul and intermodal rates moved higher in September, according to newly released reports, as the U.S. battered hurricanes and higher fuel prices.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
October 31, 2017
Truckload Linehaul, Intermodal Pricing Jump at Least 4%

 

2 min to read


Separate measures of truckload linehaul and intermodal rates moved higher in September, according to newly released reports, as the U.S. battered hurricanes and higher fuel prices.

September’s Cass Truckload Linehaul Index improved by 4.2% year-over-year to a reading of 128.2, a new all-time high for the index. When the level is compared to August, it posted a 2.9% gain,

Ad Loading...

According to Donald Broughton, transportation analyst and founder of Broughton Capital, pricing for trucking is continuing to grow ever stronger and gaining momentum.

After showing year-over-year negatives for 13 months in a row, the index has not only been positive now for six months, but the strength is accelerating.

In just the last 90 days, Broughton's independent pricing forecast has improved for 2017, from a range of between a 1% decline to 2% increase, to his current 2% to 4% gain, as the current strength being reported in spot rates is leading him to believe contract pricing rates should keep rates in positive territory through the end of the year.

Ad Loading...

Last month he was forecasting rates to improve 1% to 3% this year.

The Cass Truckload Linehaul Index measures 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.

Meantime, the Cass Intermodal Price Index rose 4% year-over-year to a level 129.1 in September, driven by the hurricane refining crunch which has pushed diesel prices up by 12% to 14% in the last two months.

The measure improved 1.6% in September from the month before, the third month-over-month increase.

September also marked the twelfth consecutive month of year-over-year increases, and pricing momentum appears to finally be accelerating.

Ad Loading...

The absolute nominal value of the index established its most recent peak in March at 135.4, as diesel flirted with $2.60 a gallon, and then sequentially trended lower since, as diesel fell back toward $2.50 a gallon in July. Broughton now expects it to exceed March’s peak by the end of the year.

Longer term, he continues to foresee oil trading in the $45 to $55 range and diesel in the $2.25 to $2.75 range throughout 2017, minus the refining interruption pressure produced by the recent hurricanes.

The Cass Intermodal Price Index measures market fluctuations in per-mile U.S. domestic intermodal costs. It includes all costs associated with the move, such as linehaul, fuel and accessorials.

Data within both measures comes from actual freight invoices paid on behalf of clients of freight-payment processor Cass Information Services, which totals nearly $21 billion annually.

More Fleet Management

Geotab screen on AI concept background
Fleet ManagementJune 17, 2026

What Geotab's New AI Connector Means for Fleets

Fleets can now ask their usual AI assistants questions about maintenance, safety, fuel use, and vehicle performance, using their live Geotab data, and take action on the answers without leaving their preferred AI tool.

Read More →
Image of computer screen with BidBoardX interface

New C.H. Robinson Tool Opens Door to More Predictable Freight

BidBoardX lets carriers search, bid on, and secure committed freight opportunities through a single digital marketplace.

Read More →
Amazon electric cargo bike on New York City street
Fleet ManagementJune 15, 2026

New York City's Microhub Project is Delivering Results

Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.

Read More →
Ad Loading...
Illustration of hourglass and trucks backed up to a dock
DriversJune 15, 2026

Why Truck Detention Keeps Costing Fleets Time and Money

A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeJune 12, 2026

Time is Running Out to Apply for Exclusive HDT Event

Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for the September event.

Read More →
Empty trailer with worker loading a pallet of cargo
Fleet ManagementJune 10, 2026

Amazon Launches Less-Than-Truckload Freight Offering for All Businesses   

This launch is the latest addition to Amazon Supply Chain Services, a portfolio of supply chain capabilities from Amazon, including freight, distribution, fulfillment, and parcel shipping.

Read More →
Ad Loading...
Stacks of intermodal containers at port with truck driving between them

Import Cargo Volume to See Year-Over-Year Gain Again in June, Then Remain Below 2025 Levels Into Fall

After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.

Read More →
Equity Interest Auction
SponsoredJune 8, 2026

AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!

Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in an in-person and online auction to the highest bidder or bidders under Article 9 of the Uniform Commercial Code. The Rancho Cucamonga-based heavy haul and over-dimensional trucking company operates across California, Oregon, and Arizona.

Read More →
Volvo OTA updates.

Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities

The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.

Read More →
Ad Loading...
Podcast thumbnail illustration
Fleet ManagementJune 4, 2026

How Waste Connections is Using Data, Telematics, and AI

How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.

Read More →