The “Transportation Recession” Gets Uglier---Cass Freight Index Down 5.3% Y/Y

Freight shipments in the US across all modes of transportation – truck, rail, air, and barge – fell 5.3% in June compared to June last year, after having fallen 6.0% in May, the seventh month in a row of year-over-year declines, according to the Cass Freight Index for Shipments.

very cyclical business:

 

 

 

 

 

 

 

 

 

 

 

 

https://wolfstreet.com/2019/07/15/trucking-rail-lead-the-new-transportation-recession/

 

 

 

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