Cass Information Systems

July’s shipment reading—at 1.122—was down 8.9% annually and down 2.2% compared to June. July expenditures, at 3.423, were down 24.4% annually, in line with June’s 24.5% annual decline and were off 2.8% compared to June.

June’s shipment reading, at 1.147, was down 4.7% annually and down 1.6% compared to May. June expenditures, at 3.520, saw a 24.5% annual decline, steeper than May’s 15.7% decline, and were off 2.6% compared to May.

May’s shipment reading—at 1.166—was down 5.6% annually and up 1.9% compared to April. May expenditures—at 3.614—saw a 15.7% annual decline and were down 6.8% compared to April.

April’s shipment reading, at 1.144, was down 2.4% annually and was off 1.0% compared to March, and the expenditures reading, at 3.877, fell 14.0% annually and was down 1.0% compared to March.

March’s shipment reading—at 1.155—was down 4.0% annually and fell 1.0% compared to February. The March expenditures reading—at 3.961—was down 12% annually and fell 1.5% below February’s 4.020 reading.

February’s shipment reading—at 1.167—was down 0.3% annually, up against an easy annual comparison, while rising 3.8% over January’s 1.124 reading. And the February expenditures reading—at 4.020—was off 9.7% annually, while seeing a 1.9% decline, from January to February.

January’s shipment reading—at 1.124—saw a 4.3% annual increase and up 1.3% compared to December. Expenditures—at 4.096—saw a 1.7% annual increase and were down 3.2% compared to December.

In this podcast, Logistics Management Group News Editor Jeff Berman interviews Dave Ross, Executive Vice President for Roadrunner Freight, a Downers Grove, Ill.-based, national less-than-truckload (LTL) services provider, with a focus on long-haul metro-to-metro shipping.

December’s shipment reading—at 1.161—was down 3.9% annually, and December expenditures—at 4.231—fell 4.3%.

With the “old guard” leaving the sector, new blood is moving into the freight payment industry. They are more data-driven, faster, and more international—and savvy shippers are benefiting by realizing lower, better-managed freight bills.

November’s shipment reading—at 1.201­—was down 0.4% annually, falling short of the 2.9% and 4.8% annual gains seen in October and September, respectively. November expenditures—at 4.476—increased 4.7%, below October’s 11.1% annual increase and was up 50.7% on a two-year stacked change basis.

October’s shipment reading—at 1.224—saw a 2.9% annual gain, falling short of the September’s 4.8% annual increase and was also below August’s 1.278 reading, which marked the highest level for shipments since May 2018. On the expenditures side, the report said that October’s 4.399 reading marked an 11.1% annual increase, and rose 52.4% on a two-year stacked change basis

September’s shipment reading—at 1.241—rose 4.8% annually, and freight expenditures—at 4.627—climbed 21.2% annually.

August’s shipment reading—at 1.278—increased 3.6% annually, and freight expenditures—at 4.614—increased 20.4%

July’s shipment reading—at 1.182—declined slightly annually, falling 0.4%, less than June’s 2.3% decrease, and July expenditures—at 4.499 increased 28.2% annually, while falling 3.6% compared to June.