May Cass Freight Index shows further continuation of freight shipment and expenditure trends

May’s shipment reading—at 1.235—fell 2.7% annually, which was steeper than April’s 0.5% annual decline. And May expenditures—at 4.287—were up 27.5% annually, in line with April’s 30.6% annual gain and continuing to be paced by major inflation gains.
Source: logistics Mgmt