I had not heard of the Cass Freight Index before. [Later: see comments. A reader sent me the link to the Cass Freight Index.] The index is posted here.
Google.
If anyone wants to weigh in on this subject, that is, the risk of recession later this year (2019) based on what the Cass Freight Index is showing, feel free to do so.
All I can say is what I posted just a few days ago regarding a recession: it seems "they've been talking about a recession being just around the corner for the past five years." We're still waiting.
Personally I'm not worried.
But I am curious. Any thoughts on the Cass Freight Index and recession worries?