Trucking volumes grow, showing no signs of adverse effects from 'trade war'
Supply Chain Dive, Jun 25 Trucking shipments increased 5.9% month-to-month in May and 11.9% YoY to 1.307, while expenditures grew 4.9% month-to-month to 2.875 with a 17.3% YoY increase, according to the Cass Freight Index. Demand for spot market truckload shipments reached new heights in May with dry van and refrigerated ("reefer") rates hitting their highest levels since January, and flatbed rates setting a new record.
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