Cass freight index july 2020
July Cass Freight Index Report shows ongoing declines July shipments, at 1.171, were off 5.9% compared to a very strong July 2018 and down 0.8% compared to June. On the expenditures, side, the report noted that July came in at 2.861, which represented a 1.4% annual decline and a 2% decline compared to June. United States - Cass Freight Index: Shipments was 1.02200 Index Jan 1990=1 in January of 2020, according to the United States Federal Reserve. Historically, United States - Cass Freight Index: Shipments reached a record high of 1.34700 in June of 2006 and a record low of 0.85100 in January of 2009. Calculation methodology for the index was developed by the University of Tennessee’s Global Supply Chain Institute in collaboration with Cass. Read our monthly report for analysis and commentary on the Cass Intermodal Price Index, Cass Truckload Linehaul Index, and the Cass Freight Index. July Cass Freight Index Report shows ongoing declines By LM Staff · August 16, 2019 July shipments, at 1.171, were off 5.9% compared to a very strong July 2018 and down 0.8% compared to June. The Cass Freight Shipping Index is down 9.4% year-over-year, the largest decline since 2009. And this is for January, before the Coronavirus disruption. The turn of the calendar didn’t leave the bad news in 2019, as the Cass Freight Index showed continued weakness in the U.S. freight market. Year-over-year freight volume is down nine consecutive months starting December of 2018. The Cass Freight Index report cites "More Signs of Contraction".
Cass Freight Index: A measurement of the monthly aggregate shipment of freight that is processed by Cass Information Systems. The Cass Freight Index ultimately serves as one of the national
20 Oct 2016 After offering a glimmer of “less bad” hope in August [the index was down “only” 1.1% year-over-year], the Cass Freight Index shipments data in Cass Freight Index report points to October shipment and expenditures declines July Cass Freight Index Report shows ongoing declines (March 14, 2020). January 2020 CASS Freight Index Dropped by 9.4% (-9.4%) Year-to-Year • Current, Deepening Annual Declines in Freight Activity Increasingly Resemble the 14 Jan 2020 I mean, it's 2020 for goodness sakes… Freight Volume Index: The Cass Freight Index July 27, 2020 – July 29, 2020 | Mexico City, Mexico. 19 Jan 2020 Both graphs look bad, but David Ross at Cass Freight Index has more commentary. Update, 1/20/20 4:40pm Pacific: Some questions have
January 2020 CASS Freight Index Dropped by 9.4% (-9.4%) Year-to-Year • Current, Deepening Annual Declines in Freight Activity Increasingly Resemble the
Cass Transportation Index Report January 2020. Get the most up-to-date data and insights into shipping volumes and the cost of freight. See how they change each month and understand the market forces behind them. Get the most up-to-date data and insights into shipping volumes and the cost of freight. See how they change each month and understand the market forces behind them. Get the most up-to-date data and insights into shipping volumes and the cost of freight.
DAT is forecasting a rebound in trucking rates in 2020, saying spot rates could bounce Meanwhile, import volume into West Coast ports was virtually flat in July and the Cass Freight Index said declines in freight volumes point to " possible
The index in July was 138.1, 10.2% more than the level of a year ago. Even in this current runup in freight rates, there has not been a year-on-year double digit increase in the Cass Linehaul Index before the July number. The index of 138.1 is the highest ever in the history of the index, which goes back to January 2005, the base year. We should note that the Cass Freight Index was one of the first freight flow indicators to turn positive (in October 2016) and confirm our prediction of a recovery in the U.S. economy. June) and establishing a new all-time record close of 27,332 on July 12;
The Cass Freight Index uses January 1990 as its base month. The index is updated with monthly freight expenditures and shipment volumes from the entire Cass client base. Volumes represent the month in which transactions are processed by Cass, not necessarily the month when the corresponding shipments took place. The January 1990 base point is 1.00.
Get the most up-to-date data and insights into shipping volumes and the cost of freight. See how they change each month and understand the market forces behind them. Get the most up-to-date data and insights into shipping volumes and the cost of freight. The index in July was 138.1, 10.2% more than the level of a year ago. Even in this current runup in freight rates, there has not been a year-on-year double digit increase in the Cass Linehaul Index before the July number. The index of 138.1 is the highest ever in the history of the index, which goes back to January 2005, the base year. We should note that the Cass Freight Index was one of the first freight flow indicators to turn positive (in October 2016) and confirm our prediction of a recovery in the U.S. economy. June) and establishing a new all-time record close of 27,332 on July 12; Year-over-year freight volume is down nine consecutive months starting December of 2018. The Cass Freight Index report cites "More Signs of Contraction". The Cass Freight Index uses January 1990 as its base month. The index is updated with monthly freight expenditures and shipment volumes from the entire Cass client base. Volumes represent the month in which transactions are processed by Cass, not necessarily the month when the corresponding shipments took place. The January 1990 base point is 1.00. Cass Freight Index: A measurement of the monthly aggregate shipment of freight that is processed by Cass Information Systems. The Cass Freight Index ultimately serves as one of the national
The Cass Freight Index fell to its lowest level for 2019 in the month of December, with the shipments component of the index falling 7.9% and the expenditures component declining 6.2% year-over-year. “It wasn’t the prettiest month for the Cass Index, which means it wasn’t the best month in the freight world. The ongoing trend of middling freight transportation shipment and expenditure readings remained intact again in June, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems. Many freight transportation and logistics executives and analysts consider the Cass Freight Index to be the most accurate