Both freight shipments and costs stepped higher year over year (y/y) in September, according to Cass Information Systems. However, the comps become more formidable moving forward as the freight economy distances from record levels.
Shipments increased 4.8% y/y in September but were 2.9% lower than August levels. The shipments component of the Cass Freight Index reached a more than four-year high in August.
“U.S. freight volumes continued to exceed low expectations in September with more buoyant...
https://www.freightwaves.com/news/cass-september-increase-in-shipments-a-head-fake