Cowen/AFS
Freight Index
You’ve always used data for forecasting, budget and other strategic initiatives. But the value of data in logistics — and nearly every other market — is skyrocketing. So is the volume of data. In fact one of the great modern business challenges is knowing which data matters most and which to dismiss.
As a service to our clients, AFS is collaborating with Cowen, a leading full-service investment bank, to bring you current and highly relevant data and insights that matter to your business.
Freight Index Key Takeaways Highlights
- Increased fuel surcharges in a tight capacity market are expected to drive the ground parcel index to an all-time high of 24.6% in Q2:2022
- Express parcel net effective fuel surcharge increased 24.7% in Q1:2022, and in Q2 the express parcel index is expected to stay above the 2018 baseline, growing from 0.8% in Q1 to 1.8% in Q2:2022
- The LTL index is expected to reach an all-time high of 40.9% in Q2:2022 compared to the January 2018 baseline, driven by pressure from fuel, capacity constraints, firm pricing policies and accessorial charges
- Despite forecasted demand softening, the truckload index is expected to continue growing, albeit at a slower rate than previous quarters, plateauing at 27.1% in Q2 from 25.2% in Q1
Download the Full Q2:2022
Cowen/AFS Freight Index
What Comprises the Freight Index?
The Freight Index provides a performance snapshot of Less-than-Truckload shipping, full truckload shipping, and parcel shipping, both express and ground.
Massive client historical data and current macro and micro economic factors are carefully evaluated, selected and their impact built into our predictive models. The resulting Cowen/AFS Freight Index offers a unique and comprehensive view on both market past performance and the forecasted outlook for the immediate future quarter.
