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November 2, 2021

Is Shipping on the Mend? Follow the Spend with 3Q Results from the U.S. Bank Freight Payment Index

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…
May 29, 2020

This Week in Supply Chain Now: May 26th – 29th

Another great week here at Supply Chain Now! Have you listened to all the episodes this week? If not, we’ve got it covered! Check them all out here: We took Monday off in observation of Memorial Day, and on Tuesday we welcomed Ward Richmond with SupplyChainRealEstate.com back to Supply Chain Now, and he gave Scott and Greg a supply chain real estate industry update.   Supply Chain Now · “Industry Real Estate Update: Ward Richmond & SupplyChainRealEstate.com”   On Wednesday, Mike Wasson and Aubree Duncan with Tosca joined Scott and Greg on Wednesday to talk about food safety and a supply chain update   Supply Chain Now · “Food Safety & Supply Chain Update: Mike Wasson & Aubree Duncan with Tosca”   On Thursday we published our popular Supply Chain Buzz, and Scott and Greg welcomed Jon Davis, Chief Meteorologist with Riskpulse to the podcast, who shared a weather update and how it affects the global supply chain.   Supply Chain Now · “The Supply Chain Buzz for May 26th with Special Guest Jon Davis with Riskpulse”   And on Friday, we welcomed MIchael Darden with DFM Data Corp to Supply Chain Now.   Supply Chain Now · “Michael Darden:…