May’s shipment reading—at 1.235—fell 2.7% annually, which was steeper than April’s 0.5% annual decline. And May expenditures—at 4.287—were up 27.5% annually, in line with April’s 30.6% annual gain and continuing to be paced by major inflation gains.
source https://www.supplychain247.com/article/may_cass_freight_index_shows_further_continuation_of_freight_shipment_and_e
source https://www.supplychain247.com/article/may_cass_freight_index_shows_further_continuation_of_freight_shipment_and_e
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