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Truckload linehaul rates struggled in March, according to a recently released measure, while intermodal rates moved higher for another consecutive month.
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A measure of truckload linehaul rates fell again in February, but it is expected to improve, according to newly issued figures, while a gauge of intermodal rates posted its largest gain in just over four years.
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Intermodal rates rose in January by the largest amount in more than two years, while truckload linehaul rates retreated, according to one measure.
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Three measures of freight activity and spending were mixed, according to new figures, but the outlook for their performances has improved, according to Cass Information Systems.
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While a measure of total U.S. freight shipments in October broke a string of being in negative territory for 20 months, November fell back while separate reports for the month show an improvement in intermodal rates for the second consecutive month while truckload linehaul rates turned lower.
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Two measures of freight shipping posted their first year-over-year improvements in more than 12 months, indicating there has been more than the usual fall surge in shipment volume.
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Truckload linehaul and intermodal rates are continuing their declines despite some slight improvements, according to two new reports.
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Measures of both truckload and intermodal rates posted another rounds of declines, according to new figures released by freight payment processor Cass Information Systems.
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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.
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Truckload linehaul rates in June were nearly the same as the month before, but they are still below levels from a year ago, while there seems to be no end to the recent drop in rates for intermodal shipments.
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