A key monthly indicator of U.S. transportation activity weakened significantly in July, reflecting the sluggishness of the U.S. economic system and signaling continued stagnation for the balance of 2011. The index, compiled by freight cost and auditing agency Cass Info Methods Inc., found that shipments from more than 100 of the largest U.S. shippers declined 3.7 percent over June levels.
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August 12, 2011
A Glance Over Freight Index in July
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