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U.S. Bank Freight Payment Index highlights continued challenges for freight transportation market
October 31, 2024
The report’s third quarter shipment index value, at 84.0, was off 1.9% compared to the second quarter and was down 21.2% annually. Third quarter freight spend, at 186.6, fell 1.4%, from the second quarter to the third quarter, and fell 21.3% annually.
Freight shipments and expenditures see annual declines, reports Cass Freight Index
October 17, 2024
September’s shipment reading, at 1.102, fell 5.2% annually, and September expenditures, at 3.224, decreased 6.6% annually.
August freight shipments and expenditures see declines, reports Cass Freight Index
September 18, 2024
August’s shipment reading, at 1.121, fell 1.9% annually, and August expenditures, at 3.147, fell 9.0% annually.
July freight shipment and expenditure readings are mixed, reports Cass Freight Index
August 19, 2024
July’s shipment reading, at 1.110, was off 1.1% annually, not as steep as 6.0% and 5.8% annual declines seen in June and May, respectively. July expenditures, at 3.211, fell 6.2% annually, and were off 0.7%, from June to July
Freight shipments and expenditures finish first half of 2024 with declines, reports Cass Freight Index Report
July 24, 2024
June’s shipment reading, at 1.078, fell 6.0% annually, in line with May’s 5.8% annual decline, and was down 1.8% compared to May. On the expenditures side, the June reading fell 9.4%, from May to June (in line with May’s 9.0% decline), coming in at 3.189, and was down 3.0% compared to May.
Cass Freight Index presents mixed May shipment and expenditures readings
June 18, 2024
May’s shipment reading, at 1.098, fell 5.8% annually and was flat compared to April. For expenditures, the May reading, at 3.288, decreased 9.0% annually and 1.9% sequentially.
Cass Freight Index points to annual shipments and expenditures declines
May 17, 2024
April’s shipment reading, at 1.098, decreased 4.0% annually, and expenditures, at 3.227, were off 16.8% annually.
Shipment and expenditure decreases trend down, notes Cass Freight Index
April 24, 2024
March’s shipment reading, at 1.113, fell 3.6% annually, down from February’s 4.5% decrease and January’s 7.6% decline.
Freight shipments and expenditures see annual declines and sequential gains
March 11, 2024
February’s shipment reading, at 1.115, saw a 4.5% annual decrease, and February expenditures, at 3.225, were down 19.8% annually.
Freight shipments and expenditures see January declines, notes Cass Freight Index
February 16, 2024
January’s shipment reading, at 1.039, fell 7.6% annually, and January expenditures, at 3.102, fell 24.3% annually.
Freight shipments and expenditures are down in December, reports Cass Freight Index
January 16, 2024
December’s shipment reading, at 1.077, was down 7.2% annually, and December expenditures, at 3.230, were off 23.7% annually.
Cass Freight Index shows November freight shipments and expenditures declines
December 15, 2023
November’s shipment reading, at 1.094, was down 8.9% annually, less steep than October’s 9.5% annual decrease, and November expenditures, at 3.331, were off 25.6% annually, topping October’s 23.3% annual decline, while falling 1.3%, from October to November.
October freight shipments and expenditures readings see another month of declines, reports Cass Freight Index
November 15, 2023
October’s shipment reading, at 1.108, was down 9.5% annually, and October expenditures, at 3.375, fell 23.3% annually
September freight shipments and expenditures see annual declines, notes Cass Freight Index
October 19, 2023
September’s shipment reading, at 1.163, fell 6.3% annually, and September expenditures, at 3.452, were off 25.4%.
August Cass Freight Index shipments and expenditures fall annually and rise sequentially
September 18, 2023
August’s shipment reading, at 1.143, fell 10.6% annually and up 1.9% compared to July, and August expenditures, at 3.459, were down 25.0% annually, in line with August’s 24.4% decline, and were up 1.1% compared to July.
