/ By Charity Boughner / Freight Volume/ • • / 0 Comments

Cass Index Report

According to the February Cass Freight Index Report, February shipment volume only rose 7.3 percent from January, the weakest January to February rise on record since 2010.  Compared to February 2013, shipment volume for February was down 0.4 percent.  February’s freight expenditures rose 6.8 percent from January and 6.4 percent from February of last year.

The good news is, February’s New Order Index rose 3.3 points and the backlog of orders grew 4.0 points indicating that production will likely pickup in the next couple months resulting in more freight that will need to be moved.

Source: Cass Information Systems, Inc.

/ By Charity Boughner / Freight Volume/ • • / 0 Comments

Cass Index Report

According to the February Cass Freight Index Report, February shipment volume only rose 7.3 percent from January, the weakest January to February rise on record since 2010.  Compared to February 2013, shipment volume for February was down 0.4 percent.  February’s freight expenditures rose 6.8 percent from January and 6.4 percent from February of last year.

The good news is, February’s New Order Index rose 3.3 points and the backlog of orders grew 4.0 points indicating that production will likely pickup in the next couple months resulting in more freight that will need to be moved.

Source: Cass Information Systems, Inc.

/ By Charity Boughner / Freight Volume/ • • • • • / 0 Comments

Cass Freight Index: April

April Cass Freight Index - ShipmentsAccording to the April edition of the Cass Freight Index from Cass Information Systems, Inc., both North American shipment volume and overall freight expenditures slumped in April after a strong March.  Freight shipment volume dropped 3.5 percent from March to April.  The year-over-year, shipment volume was down 1.3 percent, and 1.2 percent below 2011 figures.

April freight expenditures were down 1.6 percent from March, and April Cass Freight Index - Expendituresbelow last year’s level for the same period by 0.5 percent.  Year-to-date dollars spent is 0.8 percent higher than end of year 2012, but only because of March’s strong increase.  “Despite the ever-tightening truck capacity worsening truck driver shortage, truckload and LTL rates overall have remained as flat as the economy,” stated Rosalyn Wilson, senior business analyst of Delcan Corp.

Source: Cass Freight Index: April 2013 – The Cass Freight Informations Systems