Don’t just carve a turkey. Carve out some time to read the latest TD Cowen/AFS Freight Index, which is chock-full of notable findings like these.
3.6%
Quarter-over-quarter decrease in TL Linehaul cost per shipment (a 19.9% year-over-decline)
26%
Amount that TL Linehaul cost per shipment still remains above pre-pandemic levels despite recrent decreases
2.2%
Increase in the LTL rate per pound between Q2:2023 and Q3:2023
20%
Increase in LTL carrer fuel surcharge rates during September Q3:2023
45.2%
Compounded impact (in 2024) of UPS’ and FedEx’s annual GRI increases since 2018
3.4%
Decrease in Ground Parcel rates between Q2:2023 and Q3:2023
25.1%
Ground Parcel Cost Per Package Freight Index for Q4:2023 — the second year-over-year decline since the index was established
3.1%
Express Parcel Cost Per Package Freight Index for Q4:2023 — a 2.5% year-over-year increase that’s consistent with the past two years’ increases