Skip to main content

Q4 shipments see declines while rates continue to go, reports U.S Bank Freight Payment Index

The report’s shipment index value—at 121.6—was off 2.4%, from the third quarter to the fourth quarter, and was down 5.1% annually. For calendar year 2021, shipments fell 0.5% annually and were down 4.5% when compared to 2019. The fourth quarter freight spend reading—at 267.5—saw an 8.4% gain, from the third quarter to the fourth quarter, and it was up 20.2% annually, marking its highest reading on record,

source https://www.supplychain247.com/article/q4_shipments_see_declines_while_rates_continue_to_go_reports_u.s_bank_freig

Comments

Post a Comment

Popular posts from this blog

How Rising Inflation is Disrupting the Electronics Components Supply Chain

The worldwide inflation trend is causing problems in the electronic components supply chain by making parts more expensive and harder to procure, but mitigation methods exist to help OEMs, CMs, and EMS providers overcome the new challenge. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rising_inflation_is_disrupting_the_electronics_components_supply_chain
Post a Comment
Read more

Transplace’s OptiPro focuses on shipment collaboration and LTL pooling

Earlier this month, Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider and subsidiary of Uber Freight, rolled out a new addition to its Transplace Network Services offerings, with a new tech-enabled service—entitled OptiPro—that identifies cross-customer opportunities for both LTL (Less-than-Truckload) and partial truckload freight. source https://www.supplychain247.com/article/transplaces_optipro_focuses_on_shipment_collaboration_and_ltl_pooling
Post a Comment
Read more

CP heralds new proof of concept interline service in partnership with KCS

While Canadian Pacific Railway’s (CP) acquisition of Kansas City Southern (KCS) is not expected to be made official until the second half of this year, CP said this week that that companies are collaborating on an interline basis, having rolled out what it said is the first dedicated intermodal train. This train runs between Lázaro Cárdenas and the U.S. Midwest. CP officials said that the impetus for this train was driven by the need to avoid excessive delays “due to the unprecedented and ongoing supply chain challenges affecting North America's West Coast.” source https://www.supplychain247.com/article/cp_heralds_new_proof_of_concept_interline_service_in_partnership_with_kcs
Post a Comment
Read more