Will the Cass Freight Shipments Index reach 1.02 or higher in May 2026?
May 2025 was 1.025. Breaking above 1.02 in May 2026 would signal freight volumes have stabilized and begun climbing year-over-year after 30+ mont...

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July 7, 2026
Resolves YES if SONAR OTVI.USA reads above 12,500.00 on any single day between April 1 and June 30, 2026. Resolves NO otherwise. Source: FreightWaves SONAR.
The Outbound Tender Volume Index is at 11,582 and inclining after months of decline. The bull case for the trucking market — the one Craig Fuller rated "11 out of 10" — depends in part on volumes recovering, not just rates being inflated by diesel. Crossing 12,500 would represent roughly 8% growth from current levels and would signal that the rate increase has a demand foundation underneath it, not just a fuel surcharge and capacity squeeze. Produce season, tariff-driven front-loading and the spring freight build all push in that direction. The question is whether it's enough.
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May 2025 was 1.025. Breaking above 1.02 in May 2026 would signal freight volumes have stabilized and begun climbing year-over-year after 30+ mont...
ATA tonnage is the broadest measure of freight volume. May sees seasonal demand pickup (Mother's Day, Memorial Day, summer goods shipments). MoM...
New orders are a leading indicator—they predict future manufacturing production and freight demand 2-3 months ahead. If new orders exceed 52 in J...