Freight Night: Logistics Data Paint Dire Picture For Shipping, Broader Economy

If shipping is an indicator of the direction the economy is heading, look out. 

The Cass Freight Index report for the month ended April 2019 paints a dire picture for freight heading into the end of the second quarter. The report says that “continued decline” in the freight index remains a concern, pointing out that shipments have fallen 3.4% year over year