U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes
U.S. Bank released its Q1 2026 Freight Payment Index, reporting that shipper spending jumped 12.9% quarter-over-quarter despite a 0.3% dip in shipment volumes. The report attributes the spending surge to tightening capacity and a spike in diesel fuel prices, with year-over-year spending climbing 21.8%. U.S.
Key figures
- National spending qoq
- 12.9%
- National spending yoy
- 21.8%
- National shipment volume qoq
- -0.3%
- National shipment volume yoy
- 0.6%
- Freight payments processed annually
- $46 billion
AI analysis
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