Cass Freight Index falls 3.5% in April

May 2, 2013


Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2351 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2325 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2326 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

North American shipment volume and overall freight expenditures both slumped in April following strong growth in March, according to Cass Information Systems, one of the leading processors of freight payments. The Cass Freight Shipments Index fell 3.5% from March and 1.3% from April 2012. Meanwhile, the Cass Freight Expenditures Index was down 1.6% month to month and 0.5% year over year. The base year for the index is 1992.

Cass said that the decreases were not unexpected given the overall slowing of the economy. “It follows the pattern we have become accustomed to in the last several years −- a strong surge raising expectations followed by an erosion of the gains,” Cass said in its monthly report. Cass said April’s declines were significant because once again both the number of shipments and dollars spent have fallen below same month 2012 levels and because the number of shipments is even lower than the April 2011 level. “This is indicative of the slow growth experienced since 2010 that has created a very narrow bounding range for each measure, with a small difference between the lows and the highs.”

Print Page

Click the link below to print a print-friendly page of the this analysis.

Print Page
Create Your Own Chart

Use our chart creator to generate charts using the data that was used in this analysis.

TruckGauge Chart Creator
Download TruckGauge Data

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2351 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2325 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2326 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

This functionality is only available to Premium Members. Please upgrade your account to gain access to the data used in this analysis.

Upgrade to a Premium Member
Thank you for choosing TruckGauge as your source for trucking intelligence and forecasting. Please visit www.truckgauge.com for new and updated information on trucking and business information.
  • Not A Member Yet? Click Here to Subscribe Today!
  • © 2011 TruckGauge

    |

    Privacy Policy

    |

    Terms and Conditions

    |

    Webmaster

    |

    Contact Us