Cass and Broughton Capital report cites ongoing truckload and intermodal pricing strength
Truckload rates, which measure linehaul rates, headed up 2.7% annually to 138.4 (January 2005=100), extending a stretch of gains going back to November 2017). This reading is in close range of the 144.2 set in December 2018. On the intermodal side, the report said that on the heels of hitting an all-time high of 151.9 in March, April’s reading dipped 1.4% to 149.8 while still growing 5.6% annually. Source: logistics Mgmt
