Truckload linehaul rates rip higher in July, Cass says
Cass Information Systems reported a 2.3% month-over-month and 8.6% year-over-year increase in its truckload linehaul index, excluding fuel and surcharges. This marks 19 consecutive year-over-year increases. Despite a 4.8% year-over-year decline in freight shipments, carriers like Schneider National (SNDR) and Werner Enterprises (WERN) noted favorable market dynamics and contract rate increases.







