Cass Information Systems’ (NASDAQ: CASS) August report showed further sequential gains in the freight markets with shipments increasing 8% and expenditures climbing 9.9% from July.
Data for the month echoes other recent bullish trends and commentary from the trucking sector, showing that April was the bottom for volumes with continual improvement in freight demand since. Cass’ expenditures index shows freight payments troughed in May, improving each month after.
“This supports what we have heard...
https://s29755.pcdn.co/news/cass-sees-freight-trends-accelerate-sequentially-in-august