Freight Payment News Today

The Shipper Rate Report is a quarterly publication using freight payment data from U.S. Bank in conjunction with FreightWaves SONAR data sets to create the most in-depth rate and demand outlook for shippers. The post White Paper: Q2 2024 Shipper Rate Report appeared first on FreightWaves.

U.S. Bank reported a significant contraction in freight during the first quarter of 2024, both on a quarterly and annual level. Also: FMCSA looking to incorporate new CVSA handbook into regs by reference; TA accepting new fuel card.

MINNEAPOLIS -- The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank

MINNEAPOLIS--(BUSINESS WIRE)--Feb 1, 2024--

Fourth quarter shipments down 15.7% compared to same period a year earlier, while spending by shippers dropped 13.5% ...

With another challenging quarter for truck freight economy, shipments are down nearly 10% year-over- year nationwide and almost 23% in West region ...

According to the most recent U.S. Bank Freight Payment Index data, truck shipments fell 9% nationwide, including a 27% drop in volume in the Northeast region, in the second quarter of 2023.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Shipment levels nationwide have decreased for five consecutive quarters.

First quarter shipments down 6.1% nationwide while spending increased in all regions except the Midwest