Despite some optimism that the US truck freight market would begin to recover from continued downward pressure during Q3 2024, U.S. Bank freight metrics showed challenges remain for motor carriers with shipments and spending softer in Q3.
Shipments were off 21.2 per cent YoY, one of the largest drops.
The bank’s national shipments index fell by 1.9 per cent in Q3 after a 2.2-per cent drop in Q2.
Shipments were off 21.2 per cent YoY, one of the largest drops.
The bank’s national shipments index fell by 1.9 per cent in Q3 after a 2.2-per cent drop in Q2.
