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The number of freight shipments and the dollars spent on freight declined again in January as part of a seasonal trend. However, that's not necessarily a sign of further weakening for the overall economy, according the latest Cass Freight Index report.
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Both the number of shipments and expenditures on freight transportation by shippers continued their downward slide in December, according to latest Cass Freight Index.
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Taken separately, new reports on freight movements in the U.S. on freight volume, shipper spending and even the spot market seem to run almost counter to one another. A deeper dive into the analysis shows why activity has slowed but is not widespread.
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Freight shipments and payments rose in September following two straight monthly declines, according to the latest Cass Freight Index.
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North American freight shipment volume and expenditures dropped for the second month in a row during August as the summer slowdown hit.
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Truckload shipping rates continue to rise, while intermodal shipping continues to get cheaper, according to two of the latest monthly readings. A wider report on freight transportation showed a seasonal lull.
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The amount of freight moved and how much shippers paid recovered somewhat in June in the U.S., but both are below levels from a year ago, according to the latest Cass Freight Index report.
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North American freight shipment volume and payments were up for the third month in a row during April, according to the latest readings from the Cass Freight Index.
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North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.
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North American shipment volume jumped up in February, while total freight expenditures reversed a four-month slump, according to the latest Cass Freight Index.
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