TransAm Trucking, Inc. - Olathe, Ks.?

Freight Volume and Expenditures Drop in Latest Cass Index

February 07, 2014


North American shipment volumes and freight expenditures both continued the decline that began in December after the economy abruptly reversed direction near the end of last year, according to the latest Cass Freight Index.The number of shipments dropped 3.6% in January from December and was 2% lower than a year ago. Freight shipment volumes follow a predictable trend.
“January sees a post‐holiday drop‐off and is also the slowest month of the year. Volumes rise throughout the spring, flatten or even drop during the summer months, peak in August‐September, then fall close to the levels at which the year started,” said Rosalyn Wilson, supply chain expert and senior business analyst with the management consulting firm Delcan Corporation, who provides analysis in the report.
"This year begins the same, with January shipment levels the lowest since 2010. Railroad carload and intermodal loadings, a good barometers of the volume of freight moving, have trended down in the last three months. Snowy January weather contributed to the depressed figures,” she said.
Freight spending dropped 5.1% in January. Much of the decrease can be attributed to the 3.6% decline in the number of shipments. Compared to this time last year, freight expenditures are up 1.4%.
“Movements in our freight expenditures index have been stronger than those for shipment volumes, indicating that there has been very modest growth in rates. The trucking sector is still unable to push rates up significantly, while the railroads have made more headway,” said Wilson.
The report notes many industry observers believe that the economy will gain momentum and that 2014 will be much stronger than last year. “There are still some strong headwinds to overcome in the freight sector, the most obvious of which being the nearly imperceptible growth in volumes. The global marketplace remains weak, so our exports are lagging expectations,” said Wilson. "While the unemployment level continues to fall, the level of new jobs created each month is not enough to sustain the economy.”
She predicts the Federal Reserve will continue to reduce its bond purchases, pushing interest rates higher. “This will have repercussions in the freight sector. The inventory levels that are now higher than those during 2009, when carrying costs were minimal, will become more burdensome and will probably lead to a drawdown similar to what we saw during the recession.”
Wilson said trucking capacity is at exactly the right level for the volume of freight today, but will become inadequate later this year if the predictions of a robust 2014 materialize. “Obtaining credit to purchase new vehicles will become more difficult, probably squeezing out smaller and marginal trucking companies that don’t have the capital to expand their fleet or, almost as important, modernize their fleets,” she said.
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.

 

Here you go, Griffins50 ......I had to go back and look but I knew kirk had put this on here way back when.

 

Didn't work

 

Sorry, maybe they have changed it since we were there and since kirk posted that. Honeybadger or passport would know ....I am sure one of them will answer you when they get online.

It still works for me to look at the King's statements from last year.

Also... you're welcome ....

 

jaso, you are another one that hasn't checked in for a few days. Are you doing ok? Do you still have a student with you?

kf4omc, did you beat the weather and make it home ok?

 

Became official ghost of trans am at 6:06 pm yesterday. For some reason it seemed as if a heavy burden was lifted off of me and I felt great filling out the termination paperwork. Have my cb to another driver. Good luck to all of u who are still with trans am

 

what is next joey?

 

How do I log in to driver central

 

driver code
then driver code and last 4 of your SS
is only way to do it
as previously stated

 

Good luck, joey. I wish you all the best.