(Evan Lockridge – HDT Truckinginfo)
December’s Cass Truckload Linehaul continued the acceleration that began in November by posting a 6.2% year-over-year increase and hitting an all-time high of 134.5. The measure improved 2.5% last month compared to the November reading.
After being negative relative to the previous year for 13 months in a row this gauge has not only been positive now for nine months in a row, but pricing continues to increase.
According to Analyst Donald Broughton, in just the last six months, his pricing forecast has improved from between a 1% decline and a 2% increase for this year to 6% to 8% hike. Click here to read more.