Trucking costs rising nationwide amid shift to contract: US Bank

A shift of freight to contract trucking providers and rising fuel prices boosted shipper spending on trucking across the US in the second quarter, even though volumes fluctuated by region.

Truck shipments in the Northeast jumped 7.3 percent sequentially in the second quarter and 8.8 percent year over year, thanks in part to stronger manufacturing output. Photo credit: Shutterstock.com.

A shift of freight to contract trucking providers and rising fuel prices boosted shipper spending on trucking across the US in the second quarter, even though volumes fluctuated by region.