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
- Continued Truckload RPM Increase is Expected in Q4:2021, Representing a QOQ Increase of 3.2 Percentage Points
- Since March 2021, the Average LTL Weight Per Shipment has Steadily Decreased
- The Expected Q4:2021 Express Parcel Rate Per Package Freight Index will be 10.5 Percentage Points Higher than Q4:2020
- Ground Parcel Rate Per Package Freight Index will Reach an All-Time High in Q4 2021
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.
