Freight shipments fell at an accelerated pace in August, according to a monthly update from Cass Information Systems. The company’s multimodal transportation index recorded a 9.3% year-over-year decline in shipments, the largest y/y drop since October 2023. Volumes slid 1.5% from July. The North American domestic freight dataset showed that less-than-truckload shipments were the primary detractor as truckload and intermodal volumes stepped higher. Earlier this month, several publicly traded LTL carriers ...