Mike Wasson

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…

Stay up to date on all the latest conversations, interviews, and episodes we released this week here at Supply Chain Now! Kelly Barner and Scott Luton brought in the week with an episode of Dial P for Procurement on Supply Chain Now. For this episode, the P in Dial P is for payments. Kelly and Scott welcome Kris Lance with Una and Jim Luff with Chosen Payments, to the show. For Monday’s This Week In Business History, Scott covers the many hats that Ray Kroc wore as he built the Mcdonald’s global brand. On Tuesday, we released another episode of TEKTOK with Karin Bursa and special host Kevin L. Jackson. This episode is all about BLOCKCHAIN, from the basics to process improvements. On Wednesday’s episode of Supply Chain Now, Scott and Greg welcomed Tim Holland, Contingent Workforce and Talent Acquisition Leader and Barb Sexton Vice President, Partner Development for Corporate Services with OMNIA Partners, LIVE to the show as they broadcast from the OMNIA Partners 2021 Connections Event in Miami. Scott and Greg had another opportunity to chat with OMNIA Partners leaders at the 2021 Connections Event as they welcomed Stephen Laratta, Vice President of Partner Development, MRO and Facilities…