Cass Freight Index Reports October Decline Amid Weak Demand Strikes
The Cass Freight Index report reveals a 9.5% year-over-year decrease in freight volume and a 23.3% year-over-year drop in expenditures for October. Weak demand, compounded by the United Auto Workers strike, contributed to these record lows. Analysts anticipate continued downward pressure on freight volume and rates in the short term. However, the impact of the strike may create the potential for a future rebound in freight activity as production resumes and backlogs are addressed.









