In 2022, U.S. Bank processed $46 billion in freight payments for some of the world’s largest corporations and government agencies. Those payments and the data that accompanies them are analyzed quarterly by Bobby Holland, U.S. Bank Vice President and Director of Freight Data Solutions, and his team. The FPI report includes quarter-over-quarter, year-over-year, and full-year data and analysis.

In this livestream, Bobby shared key takeaways from the Q3 2023 report, including revealing that shipping volumes, rates, and spend are all continuing to decline. He was joined by Tom Comstock, CFO for Kirsch Transportation, and discussed the results of the Q3 2023 report with hosts Scott Luton and Greg White. Listen and learn:

• Which regions were most impacted by diesel prices and soft consumer spending
• Which regions saw smaller drops and which regions had significant change
• What trends are likely to continue in the coming months and what will affect the potential for market stabilization

Additional Links & Resources:

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2023 Q3 U.S. Bank Freight Payment Index: https://bit.ly/3VuwnIk

This episode is hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/analysis-us-bank-2023-q3-freight-payment-index-1195