Analysis of the U.S. Bank 2024 Q2 Freight Payment Index

Discover the critical insights shaping the future of the freight market from Q2 2024, as industry experts unveil data-driven trends and forecasts.In this episode, Scott W. Luton is joined by Bobby Holland, Lee Klaskow, and co-host Tandreia Bellamy. They discuss the U.S. Bank Freight Payment Index, based on $42 billion in transactions processed by U.S. Bank in 2023. Together, we hear about the domestic freight market's approaching bottom, decreased shipper spending, and regional economic variations.Listeners will walk away with a nuanced understanding of national and regional shipment trends, the impact of inflation on consumer habits, and forecasts for future market recovery.Jump into the conversation:00:00 Introduction of Bobby Holland and Lee Klaskow08:59 Dissecting the US Bank Freight Payment Index10:41 Analyst's approach to industry and economic research13:58 Improvement predictions in retail demand22:57 Supply chains disrupted by unforeseen events26:39 ISM manufacturing index31:54 Low-income impact of inflation and changing consumer behavior40:16 Truckers and capacity shifts43:41 Transportation outlookAdditional Links and Resources:Download the U.S. Bank Q2 2024 Freight Payment Index: https://bit.ly/scn-us-bankConnect with Bobby Holland: https://www.linkedin.com/in/bobby-holland-4a9355/ Connect with Lee Klaskow: https://www.linkedin.com/in/leeklaskow/ Learn more about our hosts: https://supplychainnow.com/aboutLearn more about Supply Chain Now: https://supplychainnow.com Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now Subscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/join Work with us! Download Supply Chain Now’s NEW Media Kit: https://bit.ly/3XH6OVk WEBINAR- Beyond Resilience: Capitalizing on Supply Chain Uncertainty: https://bit.ly/46kdltYWEBINAR- 5 Key Considerations for Supply Chain Marketing Pros in 2025: https://bit.ly/3MtnoDXWEBINAR- Optimizing Procurement Operations with Group Purchasing Organizations: https://bit.ly/3yKnaVBThis episode was hosted by Scott Luton and Tandreia Bellamy. For more information, please visit our dedicated show page at: https;//supplychainnow.com/analysis-us-bank-2024-q2-freight-payment-index-1314