# Strong US freight activity runs counter to economic fears | Journal of Commerce

> Cass Freight Index data for October showed shipment volumes up 6.2% year over year and shipper transportation spending up 12%, though both slipped from September. Analyst Donald Broughton said the strong freight flows point to an expanding economy rather than an imminent contraction.

- Date: 2018-11-16 · published 2018-11-16T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/62226-strong-us-freight-activity-runs-counter-to-economic-fears-journal-of-commerce
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Robust freight volumes and rising shipping costs signal firm domestic transport demand and pricing power for carriers. This has little direct effect on grain or feed prices but raises the cost of moving product.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-08-05 | [Low sulfur fuel to come at a high price \| Journal of Commerce](https://feedsoft.ai/events/69625-low-sulfur-fuel-to-come-at-a-high-price-journal-of-commerce.md) | -0.7% | +7.1% |
| DIESEL | 2019-06-17 | [US agriculture exporters under low-sulfur fuel pressure \| Journal of Commerce](https://feedsoft.ai/events/58773-us-agriculture-exporters-under-low-sulfur-fuel-pressure-journal-of-commerce.md) | +4.9% | +6.7% |
| DIESEL | 2019-02-19 | [Enough low-sulfur fuel at US ports come 2020? \| Journal of Commerce](https://feedsoft.ai/events/60795-enough-low-sulfur-fuel-at-us-ports-come-2020-journal-of-commerce.md) | -2.3% | -2.6% |
| DIESEL | 2018-02-06 | [Higher bunker fuel prices driving up fuel surcharges \| Journal of Commerce](https://feedsoft.ai/events/66694-higher-bunker-fuel-prices-driving-up-fuel-surcharges-journal-of-commerce.md) | -8.9% | -6.2% |
| DIESEL | 2017-07-21 | [Trans-Pac spot rates await peak season bounce \| Journal of Commerce](https://feedsoft.ai/events/69841-trans-pac-spot-rates-await-peak-season-bounce-journal-of-commerce.md) | +3.8% | +2.1% |

## Sources

- joc.com: https://www.joc.com/article/strong-us-freight-activity-runs-counter-to-economic-fears-5229071

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.