Truckload rates fall for seventh straight month in September

Excerpt from: American Shipper | October 18, 2016

 Truckload rates fell another 3.5 % in September 2016 compared with the previous year, the seventh consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.

The September decrease followed pricing declines:
0.6 % in March
2.3% in April
1.2% in May
1.8% in June
1.6% in July
2.8% in August.

Although the negative growth in March was the first since May 2010, pricing growth had steadily contracted over the previous 12 months, from 5.1% year-over-year growth in March 2015 to:

3.8% in April
3.5% in May
3.6% in June and July
3.7% in August
3.2% in September
1.9% in October
1.6% in November
1.1% in December
0.4% in January
0.5% in February.

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