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Cass Truckload Linehaul Index rose 4.2% year over year to 128.2 in September, an all-time high, and intermodal pricing also climbed. Hurricanes and higher fuel prices were cited as contributing factors.
Rising truckload and intermodal rates raise the cost of moving feed ingredients and finished feed to market, squeezing buyer margins.
truckinginfo.comEvan LockridgeOct 31, 2017After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
