The report’s shipments index value—at 117.5—was off 8.3% compared to the fourth quarter of 2020, and it was off 5.4% annually. On the spend side, the first quarter reading—at 212.2—was off 4.7% compared to the fourth quarter of 2020 while increasing 12.8% annually.
Source: logistics Mgmt
Winter weather and capacity issues drive down Q1 U.S. Bank Freight Payment Index
Published in News, Logistics, 3PL, Transportation, Motor Freight,
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