Cass shipments turn positive year-over-year in October

Unidentified truck on highway

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...

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