Cass Freight Index: Spending stabilized in a market notably impacted by a trade war
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Cass Freight Index: Spending stabilized in a market notably impacted by a trade war
Overall freight expenditures turned positive year over year in April for the first time in 28 months, according to the Cass Freight Index. “It was not higher shipping volumes that drove the increased spending, however. Volumes were down 3.6%, but rates across all land modes were higher,” CFI said in a press release. Cass Freight Index – Shipments The shipments component of the Cass Freight Index rose 0.4% in April m/m. The decline in shipments n…
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