Your email has been successfully added to our mailing list.

×
-0.00950524006824276 -0.00974896417255663 -0.00974896417255663 -0.00974896417255663 -0.0109675846941263 -0.0158420667804045 -0.00804289544235921 -0.00779917133804534
Stock impact report

U.S. Bank Freight Payment Index: Truck freight contraction continues

U.S. Bancorp (USB) 
Last u.s. bancorp earnings: 4/15 06:45 am Check Earnings Report
Company Research Source: Business Wire
Compared to a year earlier, first quarter 2024 spending fell 27.9% while shipment volume dropped 21.6% MINNEAPOLIS--(BUSINESS WIRE)--The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shippers decreased 27.9% in the first quarter compared with the same period in 2023 and was down 16.8% compared to the fourth quarter of 2023. Meanwhile, shipments dropped 21.6% from a year prior and 7.8% from the fourth quarter of 2023.“While there was hope for a freight market turnaround to start the year, our data shows that the challenges continued,” said Bobby Holland, director of freight business analytics, U.S. Bank. “Nationally, this was the eighth straight quarter of year-over-year volume decreases and the fifth straight with a drop in spending.”The U.S. Bank Freight Payment Index regional data shows how widespread the current challenges are for the truck freight market. With the ex Show less Read more
Impact Snapshot
Event Time:
USB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for USB alerts
Opt-in for
USB alerts

from News Quantified
Opt-in for
USB alerts

from News Quantified