Labor challenges and equipment “bottlenecks” throughout the supply chain limited freight shipments in July but costs surged again, largely due to those capacity headwinds, according to data released by Cass Information Systems Thursday.
The shipments component of the Cass Freight Index (NASDAQ: CASS) declined 3.1% (seasonally adjusted) from June but remained 15.6% higher year-over-year and 0.5% higher than July 2019. Part of the decline was due to weaker rail shipments as chassis shortages...
https://www.freightwaves.com/news/freight-costs-high-again-in-july-bottlenecks-hamper-shipments