January data from Cass Information Systems showed truckload linehaul rates turned positive on a year-over-year comparison for the first time in two years. However, shipments remained soft.
The TL linehaul index, which tracks rates without fuel and accessorial surcharges, posted a 0.8% y/y increase for the month. This was the first positive y/y change since December 2022. The index also increased 0.6% from December, the fifth consecutive sequential increase.
Winter storms in January were more...
https://www.freightwaves.com/news/cass-tl-linehaul-index-up-y-y-for-first-time-in-2-years