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Truckload linehaul rates paid by shippers increased again last month, while intermodal costs were mixed, according to two new reports from freight payment processor Cass Information Systems.
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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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A measure of base linehaul truckload rates show increases last month while intermodal rates fell for the sixth straight month, according to reports released Wednesday.
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Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.
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Truckload linehaul rates declined in April from the month before while intermodal rates moved higher, according to two separate reports released on Thursday.
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A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.
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A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.
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Linehaul rates in the truckload sector posted a significant gain last month, according to newly released figures, while a separate report shows a drop in intermodal rates for the first time in more than a year.
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A measure of truckload linehaul rates show they rose 7.4% in December compared to the same time in 2013.
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Despite a slight downturn from the month before newly released figures show in November the Cass Truckload Linehaul Index rose 6.7% year over year.
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