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
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/46kdltY
WEBINAR- 5 Key Considerations for Supply Chain Marketing Pros in 2025: https://bit.ly/3MtnoDX
WEBINAR- Optimizing Procurement Operations with Group Purchasing Organizations: https://bit.ly/3yKnaVB
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