Cass Freight Index Declines in May

June 6, 2013 8:15 AM, EDT

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The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 0.3% in May from a year ago.

The report from Cass Information Systems, St. Louis, also noted a 2.9% improvement in shipping activity in May from April.

The month-to-month rise was tied to strong showings from rail, with crude oil shipments up 26.8% in May.

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