Share:

“Even though we’ve got some fantastic numbers, which show how quickly things have begun to recover, we’re still not where we were even two years ago when we were flying like mad in 2018 and early 2019.”

– Bobby Holland, VP/Director of Freight Data Solutions at U.S. Bank

 

U.S. Bank processed $29.7 billion in freight payment transactions in 2020. Those payments and the data that accompanies them are analyzed quarterly by Bobby Holland VP/Director of Freight Data Solutions at U.S. Bank and his team. The FPI report includes quarter over quarter, year over year, and full year data and analysis.

According to the official report released by U.S. Bank, “The freight market wrapped up 2020 on a positive note with solid improvements in both full-truckload and less-than-truckload shipments – in part due to the growth of e-commerce purchases and single-family-home construction. And with a tight market, shippers paid significantly more during the fourth quarter.”

In this interview, Bobby is joined by Frank Hurst, President of Roadrunner Freight, to share the results of the on the Q4 2020 report with Supply Chain Now Co-hosts Greg White and Scott Luton, interpreting what they may mean for the economy and the shipping industry in the short and longer term.

· How trends such as fewer qualified/available drivers, changes in consumer demand, and the question of pricing stability affected the U.S. freight market at the end of 2020

· The differences by region in terms of eCommerce, shipment volumes, and freight capacity

· The signs of hope and growth that Bobby and Frank see in the Q4 data and in other indicators of freight industry-related economic health

More Podcast Episodes

personal development
play-button-podcast
podcast-blue-microphone
Podcast
September 3, 2025

How Supply Chain Leaders Are Finding Calm & Clarity Amidst the Chaos

In this episode of Supply Chain Now, Scott Luton welcomes Jorge Morales, Global COO of the International Supply Chain Education Alliance (ISCEA), and Sandeep Chatterjee, Growth Leader, Digital Business Solutions, Supply Chain and Sustainability Pillar at INFOLOB, to explore how organizations can build resilience and clarity in today’s dynamic supply chain landscape. Jorge shares how ISCEA is equipping professionals through global certification programs and education, while Sandeep highlights his outcome-based approach to digital transformation and his insights from his book, The Consulting Way. They cover key strategies for driving profitability and resilience, including smarter inventory management, bold choices in multimodal transportation, and the adoption of advanced technologies such as 3D printing and supply chain simulation. Jorge and Sandeep also discuss the importance of continuous skill-building, trust among supply chain partners, and the role of upcoming industry events like the Supply Chain Technology Conference & Expo (SCTECH) in helping leaders prepare for the future of supply chain.   This episode is hosted by Scott Luton, and produced by Trisha Cordes, Joshua Miranda, and Amanda Luton.   Additional Links & Resources Check out all the great resources and information mentioned during the show: Learn more about the Supply Chain Technology Conference &…
retail
play-button-podcast
podcast-blue-microphone
Podcast
February 16, 2024

The Buzz- Digital Transformers Edition Featuring Scott W. Luton and Kevin L. Jackson

The Buzz is Supply Chain Now’s regular Monday livestream, held at 12 noon ET each week. This show focuses on some of the leading stories from global supply chain and global business, always with special guests – the most important of which is the live audience! In this Digital Transformers edition of the Buzz, hosts Scott Luton and Kevin L. Jackson discussed some of the top news stories and trends in supply chain and digital transformation today. Listen in and learn more about: Mattel’s milestone year How to drive ROI in your digital transformation Sam Altman, the OpenAI CEO, and his elephant hunt as he looks to raise between 5 and 7 TRILLION dollars The answer to the age-old question: what do we need all of these super chips for anyway? And more!

Supply Chain is Boring – Episode-563

Share: