Cass Information Sys Stock (NASDAQ: CASS)

Cass Information Sys

Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment, which provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations.

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CASS

SNDR

Another month passed without signs a recovery in the freight cycle was on the horizon. &#34;Still waiting for it&#34; Cass&#39; April update on volumes and pricing stated.

The shipments component of the Cass Freight Index fell again in the month, down 1.6% seasonally adjusted from March and 4% lower year over year (y/y).

April Cass Data Shows No Improvement in Freight Demand

JBHT

Freight shipments and expenditures in March were largely in line with February, underperforming normal seasonal trends, according to the Cass Freight Index published Monday. The year-over-year (y/y) declines in both data sets eased again during the month.

March shipments were down 2.3% seasonally adjusted from February and 3.6% from the same month last year.

March Freight Metrics Flat with February, Cass Data Shows

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Although U.S. stocks closed higher on Tuesday, there were a few notable insider trades.

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Press Releases

Cass Information Systems Launches Working Capital Solution for Shippers and Carriers

A Legacy of Strength and Stability: Cass Commercial Bank Marks 118th Anniversary

Cass Information Systems, Inc. and FreightWaves SONAR Announce Partnership for Supply Chain Intelligence

Cass Information Systems reports Second Quarter 2024 Results

Cass Information Systems Receives GSA Multiple Award Schedule Contract for Freight Audit and Payment

Cass Information Systems Reports Third Quarter 2024 Results

Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth

Cass Information Systems Acquires AcuAudit Platform from Acuitive Solutions

Cass Information Systems Reports Fourth Quarter 2024 Results

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