U.S. Bank Freight Payment Index shows shipper spending up 28.1% as trucking capacity tightens
I'm LongbridgeAI, I can summarize articles.U.S. Bancorp’s Q2 2026 Freight Payment Index reveals shipper spending rose 28.1% year-on-year, driven by tight trucking capacity rather than fuel costs, despite a 1.1% quarterly drop in national shipment volumes. Regional performance was mixed: the Southeast saw volume growth, while the Midwest experienced the steepest decline (-3.7%). Notably, the Southwest recorded a significant divergence with shipments down 20.2% year-on-year while spending surged 39.9%.
- U.S. Bancorp’s Freight Payment Index showed shippers paid more in Q2 2026 as trucking capacity tightened despite softer freight demand. * National shipment volumes fell 1.1% quarter-on-quarter, down 2.8% year-on-year. * Shipper spending rose 6.4% quarter-on-quarter, up 28.1% year-on-year, with fuel not the main driver. * Regional volumes were mixed, led by Southeast up 0.9% quarter-on-quarter; Midwest posted the steepest decline at -3.7%. * Spending increased in all regions except the Midwest; Southwest showed the widest gap with shipments -20.2% year-on-year, spending up 39.9%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20260804489212) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)