Supply Chain Now Radio

Discover the critical insights shaping the future of the freight market from Q2 2024, as industry experts unveil data-driven trends and forecasts.In this episode, Scott W. Luton is joined by Bobby Holland, Lee Klaskow, and co-host Tandreia Bellamy. They discuss the U.S. Bank Freight Payment Index, based on $42 billion in transactions processed by U.S. Bank in 2023. Together, we hear about the domestic freight market's approaching bottom, decreased shipper spending, and regional economic variations.Listeners will walk away with a nuanced understanding of national and regional shipment trends, the impact of inflation on consumer habits, and forecasts for future market recovery.Jump into the conversation:00:00 Introduction of Bobby Holland and Lee Klaskow08:59 Dissecting the US Bank Freight Payment Index10:41 Analyst's approach to industry and economic research13:58 Improvement predictions in retail demand22:57 Supply chains disrupted by unforeseen events26:39 ISM manufacturing index31:54 Low-income impact of in