Supply Chain Now19 Aug 2024

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 Klaskow

08:59 Dissecting the US Bank Freight Payment Index

10:41 Analyst's approach to industry and economic research

13:58 Improvement predictions in retail demand

22:57 Supply chains disrupted by unforeseen events

26:39 ISM manufacturing index

31:54 Low-income impact of inflation and changing consumer behavior

40:16 Truckers and capacity shifts

43:41 Transportation outlook

Additional Links and Resources:

Download the U.S. Bank Q2 2024 Freight Payment Index: https://bit.ly/scn-us-bank

Connect 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/about

Learn 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

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This 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

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