Canary On The 18-Wheeler: February Freight Index Dropped 2.1% Y/Y

Freight shipment volume in the US across all modes of transportation – truck, rail, air, and barge – in February fell 2.1% from February a year ago, according to the Cass Freight Index, released today. The three months in a row of year-over-year declines are the first such declines since the transportation recession of 2015 and 2016.

 

 

 

 

https://wolfstreet.com/2019/03/18/declining-freight-volume-signals-slowdown-for-goods-based-economy/