Truckload, Intermodal Rates Moving Up, Cass Reports

Truckload linehaul rates jumped 2.9 percent in January, the biggest year-over-year increase since last February, Cass Information Systems said Thursday. The increase in the Cass Truckload Linehaul Rate Index reflects higher spot market rates, growing freight demand and declining capacity, Cass said. Intermodal rates rose 1.7 percent from a year ago in January, as the Cass Read More »