The Cass Freight Index posted its first year-over-year shipments increase in nearly two years during October. Shipments climbed 2.4% during the month with expenditures rising 3.1%. Both were basically flat compared to September.
The Thursday report showed shipments posting their highest year-over-year growth since October 2018 and 27.8% above the April bottom.
“We should see this continue through year-end, assuming current freight trends continue, even with normal seasonal softening month to...
https://www.freightwaves.com/news/cass-shipments-turn-positive-year-over-year-in-october