News / US customers moved fewer goods by truck last year – but paid more

© Mirko Vitali

US shippers moved fewer goods by road in the final quarter of 2021 – but they paid a good deal more in trucking charges.

The US Bank Freight Payment Index, published quarterly by US Bancorp, shows the number of truck shipments in the quarter dropped, both from the third quarter and on a year-on-year basis, whereas freight spend moved in the opposite direction. Year on year, the cost of trucking climbed more than 20%.

Shipment volume slipped 2.4% from the third quarter ...