The report’s National Shipment Index—at 126.5—was down 4% from the third quarter to the fourth quarter and off 5.4% annually. On the spending side, the report stated that the spending index—at 195.2—was off 2.7% from the third quarter to the fourth quarter and off 2.5% annually.
Source: logistics Mgmt
Freight shipment and spend see Q4 and annual declines, notes U.S. Bank Freight Payment Index
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