Cass Freight Index Hits Lowest Level Since 2009 Amid 7.1% Annual Decline

Multiple credible industry outlets report the same two key points: a 7.1% year-over-year decline in the Cass Freight Index and that the index hit its lowest level since 2009. FreightWaves explicitly reports the 7.1% y/y decline and provides context on weak volumes. Benzinga states the index fell to its lowest level since 2009. Additional coverage from The Trucker and a Yahoo Finance repost of the FreightWaves piece further aligns with these figures. While these are secondary reports rather than the original Cass release, FreightWaves typically relies on — and closely mirrors — the monthly Cass report. Some listed links are irrelevant or mismatched, and the statement does not specify whether the figure refers to the Shipments or Expenditures component of the Cass Freight Index, which introduces minor ambiguity. Despite these caveats, the core claims are consistently supported across multiple reputable sources, with no presented contradictions.