Reported 1 day ago
November Cass data reveals a reduction in year-over-year declines in shipments and expenditures, with the volumes component showing its smallest decrease in 21 months. Factors such as ongoing economic growth and decreasing private fleet capacity additions are credited for this improvement. While year-over-year data still indicates a downward trend, the Truckload Linehaul Index has shown a slight rise, suggesting positive changes in spot and contract rates.
Source: YAHOO