Data within the Index includes all domestic freight modes and is derived from $23 billion in freight transactions processed by Cass annually on behalf of its client base of hundreds of large shippers. These companies represent a broad sampling of industries including consumer packaged goods, food, automotive, chemical, OEM, retail and heavy equipment. Annual freight volume per organization ranges from $1 million to over $1 billion. The diversity of shippers and aggregate volume provide a statistically valid representation of North American shipping activity.
The following chart shows the annual average of the index (to remove seasonal variations).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIYyt03PgfTRB98OL5-4yFrndK_oYEzR5aq-iBm80yar9oX4yQgeFuWzIENLk5pjulyLrwDaU6dG_D86BB_ERO1PeIkroH9I6oOPecHSitn7guCHK3OF5GRZFwUcO_kYIZE-vMNRE7JvY/s320/Cass+Freight+-+Annual+Average.jpg)
Click to enlarge.
Looks like we've got zero chance of making it back to 2006 levels. Oh, well.
The following chart shows the year over year percentage change.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimqhl6GmUs3k5Qyh0eGr-SvyQnpNH50v7gzbfG0eMz1-1c9S5FnzaxiYIF2lMLGJLXWmUMCDTIIeBw3Lhg6fe2vnv2-G8EWmBsfKBnglTvtj5g2H3_Jo4kKvKYrwGW6yt4MSqgHSZEYa4/s320/Cass+Freight+-+Annual+Growth.jpg)
Click to enlarge.
Look at that strong and robust recovery! Ignore the part where the growth is stagnant or negative (the last 2 years or so).
The future's so bright, I gotta swear, "Hades!"
Oops. Somebody moved the "s" and added a comma. D'oh!
Source Data:
St. Louis Fed: Custom Chart #1
St. Louis Fed: Custom Chart #2
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Posted by: Tukiyooo
Cass Freight Shipping Index Updated at :
8:06 PM
Thursday, February 6, 2014
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