News / With volumes and revenue falling in Q3, it's a bumpy road ahead for US trucking

© Wakr10

The US truckload sector experienced a sequential decline in freight volumes and shipment spend in the third quarter,  says today’s US Bank Freight Payment Index.

And the road ahead remains bumpy, according to the predictive Cowen-AFS Freight Index.

The US Bank index shows a 2.6% decline in volumes from the previous quarter – the steepest quarterly drop since Q1 21 – and a 4.9% fall, year on year.

Freight spend also declined, by 2.4% from Q2, but remained elevated year on year and ...