June data from Cass Information Systems showed continued weakness in volumes and expenditures, with year-over-year declines largely mirroring the trends displayed in May.
Shipments captured by the Cass Freight Index fell 6% y/y in June and were off 1.8% from May, “amid ongoing softness in for-hire [truck] demand,” a Monday report compiling freight stats from several transportation modes said.
The shipments subindex fell to its lowest point since January despite June typically being a big month...
https://www.freightwaves.com/news/cass-data-melts-lower-in-june