Freight Payment Index Insights & Trends
Freight Payment Index
Q3 Insights from U.S. Bank
The latest U.S. Bank Freight Payment Index revealed fairly flat freight activity in relationship to the second quarter, with shipments up slightly and spending moderately down. Results are within expectations, as the overall economy was forecast to grow at roughly the same pace in the third quarter as in the second quarter. As for the macroeconomic drivers for freight third quarter, consumer spending continued to be the pillar.
Get all the national and regional details in the latest U.S. Bank Freight Payment Index, which includes commentary by Bob Costello, chief economist and senior vice president for the American Trucking Associations (ATA).
Download the latest U.S. Bank Freight Payment Index
To learn how benchmarking and our comprehensive business intelligence can impact your organization, contact U.S. Bank at CPStransportation@usbank.com or 866.274.5898.