Truck freight volumes and spending continued to drop in the second quarter, but at a slower pace than recent quarters, according to the latest U.S. Bank Freight Payment Index. Shipments increased in three regions – the West, Northeast and Southeast –...
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August 02, 2024, 07:20 AM
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The latest U.S. Bank Freight Payment Index revealed the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shippers decreased 27.9 percent in the first quarter compared with the same period in 2023...
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May 02, 2024, 07:20 AM
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The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7 percent...
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February 02, 2024, 07:12 AM
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During the third quarter, the amount spent to ship goods via truck freight was down 12.5 percent compared to a year prior while the volume of shipments was off 9.7 percent, according to the U.S. Bank Freight Payment Index. Spending fell 4.2 percent...
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November 02, 2023, 07:12 AM
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Truck freight volume and spending in the second quarter of 2023 declined by the highest levels since the early days of the pandemic, the latest U.S. Bank Freight Payment Index revealed. Spending by shippers dropped 10.9 percent compared to the second...
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August 02, 2023, 07:20 AM
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The volume of freight shipments moved via truck declined in the first quarter of 2023 by 6.1 percent year-over-year, according to the latest U.S. Bank Freight Payment Index.This was the fourth quarter in a row where volume has contracted on an annual...
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May 02, 2023, 07:25 AM
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U.S. Bank has launched a new barometer for assessing the nation's shipping industry. The U.S. Bank Freight Payment Index measures quantitative changes in shipment and spend activity, based on data from transactions processed through U.S. Bank Freight...
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October 20, 2017, 07:06 AM
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