December Freight Shipments Decline

This is a news story, published by Yahoo Finance, that relates primarily to Cass Information Systems news.

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seasonal slowdown

FreightWaves

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Freight volumes plunge in December, rates firming

Summary

Nutrition label

91% Informative

December data from Cass Information Systems showed a significant drop in freight shipments as expenditures were off by a lesser amount, implying freight rates moved higher during the month .

Truckload linehaul rates continued to improve from August ’s cycle low, a Tuesday report revealed.

January forecast calls for volumes to be down 6% y/y, assuming normal seasonal trends.

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Informative language

Neutral language

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formal

Language

English

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not offensive