Fourth quarter freight shipments—at 113.0—were down 4.6% compared to the third quarter, for the largest sequential decline since the first quarter of 2021, and were down 7.1% annually, marking the largest annual decrease since the third quarter 2020. For expenditures, the fourth quarter reading—at 272.3—was off 0.2% compared to the third quarter and was up 1.8% annually. The annual gain represented its lowest increase since the third quarter 2020.
Source: logistics Mgmt
Q4 U.S. Freight Index shows shipment declines, due to services resurgence
More from News, Logistics, 3PL, Transportation, Motor Freight,More posts in News, Logistics, 3PL, Transportation, Motor Freight, »
- ATA reports February truck tonnage increase
- Biggest gets bigger: Knight-Swift buying USX for $808 million in huge TL deal
- ATA has ‘grave concerns’ that EPA may allow California-type air quality rules on heavy trucks
- FTR Trucking Conditions Index shows solid sequential improvement, to start 2023
- DAT Truckload Volume Index sees February declines
Be First to Comment