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
Parcel carriers have ‘fueled’ the fire with two successive fuel surcharge increases within the same month but other pricing maneuvers can help shippers find relief.
As Yellow capacity is snapped up and on-going softness from Q4 remain, subtle fluctuations in LTL are expected, ending in a modest decrease.
Easing inflation and widely speculated interest rate cuts cause truckload rates to continue to bounce along the bottom.
Download the Full Q1:2024 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.