Freight market pressured again in May, Cass data shows - FreightWaves

[B Keg]

https://www.freightwaves.com/news/freight-markets-pressured-again-in-may-cass-data-shows 

Less freight means a less active economy. 

46 month low in a month that's typically seeing an uptick in freight.

[kan...@aol.com]

The Monday report noted “ongoing softness in for-hire demand” as loads normally pegged for the for-hire market are being insourced by private carriers. It also said shippers consolidating less-than-truckload shipments into single truckload moves is weighing on the index.

“The Cass data set has considerable LTL mix, and LTL shipments have been consolidated into truckloads at an outsized pace over the past year,” the report said.

OH FUCK, Brian.  Your batting average on stupidity should have you batting cleanup; if the game was propaganda and misinformation. This is why someone suggested that you would have made a perfect hire by J. Goebbels. 

[kan...@aol.com]

https://alfred.stlouisfed.org/series?seid=TRUCKD11

This site shows the trucking  tonnage index; which has been around since the '70's. Note that it shows a rather stable upward rise over time. But it is punctuated with dips and rises. This resembles the Dow Index or NASDAQ or most other indexes. Any month to month variation is essentially meaningless. 

I'll leave it to DF to clarify; but doom and gloom based on one or two months isn't very reliable.