US surface transportation pricing on the rise

An index for truckload pricing rose 4.2 percent year over year to hit an all-time high in September, as intermodal pricing rose 4 percent and evidence of strong US economic expansion driving higher volumes and US surface shipping rates continue to grow. Growth in truckload pricing is accelerating, having increased for the past six months after 13 consecutive months of negative year-over-year comparisons, according to Cass Information Systems, which compiles both indices.

Comments are closed.