Cass indices are based on the entirety of the Cass client base invoice payments. They are primarily volume driven indices that have baseline years as reference points. There are 3 separate monthly indices measuring shipments (CFIS), expenditures (CFIE), and truckload linehaul (CTLI).
Anyone who wants to get a high level view of the freight market
The Cass indices will give you a good view of what is happening in the overall freight market as well as the general economy. With increased shipments/expenditures comes increased freight movements, and generally more trucking activity and revenue flow. Cass has been a solid indicator of the transportation industry highs and lows.