“U.S. freight volumes reeled in January from the surge in Omicron cases, with the shipments component of the Cass Freight Index® down 10.8% from December and down 2.9% y/y,” Cass Information Systems Inc. officials said on Feb. 14. “While these effects are lingering in February, they are beginning to fade and we expect a rebound in the coming months as case counts fall sharply.”