Freight Shipments Decline in June Amid Tight Capacity and High Rates

The Cass Freight Index reported a decline in freight shipments for June 2023, with a year-over-year drop of 4.1% and a month-over-month decrease of 3.1%. Seasonally adjusted data showed an additional 2.9% fall from May levels.

By Clark Schultz, SA News Editor · Seeking Alpha ·

Freight Shipments Decline in June Amid Tight Capacity and High Rates

Topics: economic data freight logistics

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