TD COWEN/AFS
FREIGHT INDEX
You’ve long used data for forecasting, budgeting and other strategic initiatives. But the volume of data in logistics is skyrocketing. In fact, one of the great modern business challenges is knowing what data matters and what to dismiss.
As a service to our clients, AFS collaborates with TD Cowen, a leading full-service investment bank, to bring you current and highly relevant data and insights on a quarterly basis that matter to your business.
Freight index key takeaways
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Unprecedented discounts are outpacing incessant price increases in parcel, pushing down overall parcel shipping costs as carriers compete for limited volumes.
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Truckload rates hold near rock bottom for the seventh straight quarter and are expected to remain there in a market characterized by low demand and excess capacity.
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Strong carrier pricing discipline is keeping sustained upward pressure on LTL rates, even as demand remains soft.
Download the Full Q4:2024 TD Cowen/AFS Freight Index
What is the freight index?
The TD Cowen/AFS Freight Index offers a unique and comprehensive view of both past market performance and the forecasted outlook for the immediate future quarter, for full truckload shipping, less-than-truckload shipping and parcel shipping, both express and ground.
Massive client historical data and current macro and microeconomic factors are carefully evaluated and selected, with their impact built into our predictive models.