Cass announced Thursday that the November freight shipments index recorded a second consecutive month of year-over-year gains, up 2.7%, with the expenditures index remaining above prior-year levels for the third straight month, up 5.7%.
However, the shipments dataset dipped 2.2% from October, down 1% on a seasonally adjusted basis. The sequential decline was the first since April, “likely due to the worsening pandemic numbers impacting the trajectory of the recovery,” according to the author,...
https://www.freightwaves.com/news/cass-shipments-data-dips-in-november-as-pandemic-worsens