U.S. Bank Freight Payment Index shows shipper spending up 28.1% as trucking capacity tightens
Reuters2026/08/04 12:05- 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%.
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