Recent Q1 data released by U.S. Bank as part of its Freight Payment Index painted a mixed picture of the national truck freight market, characterized by persistent declines alongside emerging signs of recovery.
The Shipments Index fell 5.8% from Q4 2024 to 75.4 points, while the Spend Index dropped 2.5% to 177.8 points. Despite these quarterly declines, the year-over-year spending drop of 8.6% was the...
https://www.freightwaves.com/news/q1-2025-freight-payment-index-giving-mixed-signals