Frank McGuigan

The U.S. Bank Freight Payment Index for 3Q 2021 has been released, and one thing remains clear: spend is up. More specifically, year over year, quarterly freight spend showed the second largest increase ever – rising 32.6% from 3Q 2020. What’s driving the dollars, and what can this increase tell us about the state of the supply chain across the country? Supply Chain Now co-hosts Scott Luton and Greg White recently sat down with Bobby Holland, Director, Freight Data Solutions at U.S. Bank, and Patricia Gabriel, Vice President US Customer Service & Logistics, at Mondelez International, to find out. Let’s review highlights from their discussion of the report – and take a look at what you need to consider moving forward. But first, what is the U.S. Bank Freight Payment Index? The U.S. Bank Freight Payment Index is a free report you can download each quarter to keep your finger on the pulse of freight shipping volumes and spend from both a national and regional perspective. The report uses actual transaction payment data, de-seasonalized and calendar adjusted for maximum comparability. How do I use it? When you’re asking the question, “What happened last quarter?” the U.S. Bank Freight Payment Index…

It’s been an exciting week here at Supply Chain Now! Catch up on all the latest episodes, interviews, conversations, and livestreams right here for all the hottest supply chain news! On Monday, we launched Dial P for Procurement with program co-hosts Kelly Barner & Scott Luton who welcomed two professionals who have put their procurement and supply chain experience to work in the service of others: Anna McGovern, Chief Supply Chain Officer at the Food Bank for New York City, and Kathy Fulton, Executive Director of the American Logistics Aid Network.   On Tuesday, Laura Cyrus with Truckers Against Trafficking joined host Enrique Alvarez to share how supply chain & trucking workers are uniquely positioned to combat human trafficking.   On Wednesday, we launched our new Digital Transformers series in partnership with Total Network Service. Check out our first episode as Scott Luton, Kevin L. Jackson, and special host Thomas Carter welcome Dave Stehlin and Chris Poli to the show.   On Thursday, we released The Supply Chain Buzz with Kevin L. Jackson, Greg White, & Scott Luton who discuss leading stories from global supply chain and global business, including the skyrocketing costs of medical supplies, the impact of IoT…