North American Freight Shipping Down Again; Where to From Here?

by Mike ‘Mish’ Shedlock
Mish Talk

The Cass Freight Index, a “Measure of North American Freight Volumes” is up for the month of March but down once again on a year-over-year basis.

March shipping is 1.5 percent below the same month a year ago.

Both shipping and expenditures are lower than March 2015, 2014, and 2013.

A few charts show the slowing rate of freight shipping and the reasons behind it.

Cass Shipping Index

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