For the third quarter 2017, the CASS Index, which is being used to monitor and evaluate U.S. Inland rates, reflected an average of 126.0 for Truckload and 126.8 for Intermodal (rail). Compared to the established baseline of 125.2 for Truckload and 128.6 for Intermodal (rail), the Truckload Index increased by 0.64% and the Intermodal (rail) decreased by -1.40%. As neither of the indexes reflected a +/- 2% change, the inland rates will remain unchanged for this review period. The indexes can be found here: CASS Indexes.
For the fourth quarter 2017 review, the baseline indexes will remain the same. The next review period is set for January 2018. You can view the requirements and Index history here.
Additionally, for the third quarter 2017, the Department of Energy’s retail on-highway diesel prices all types index 3-month average, which is being used to determine the Intermodal Fuel Charge, was $2.625. Therefore, effective 12/1/2017, the Intermodal Fuel Percentage will be increased to 18.5%. You can view the requirements and index history here.
If you have any questions, please contact your sales representative or the Customer Care Department at 1-800-CROWLEY.