Expenditures

March’s shipment reading, at 1.113, fell 3.6% annually, down from February’s 4.5% decrease and January’s 7.6% decline.

February’s shipment reading, at 1.115, saw a 4.5% annual decrease, and February expenditures, at 3.225, were down 19.8% annually.

January’s shipment reading, at 1.039, fell 7.6% annually, and January expenditures, at 3.102, fell 24.3% annually.

December’s shipment reading, at 1.077, was down 7.2% annually, and December expenditures, at 3.230, were off 23.7% annually.

November’s shipment reading, at 1.094, was down 8.9% annually, less steep than October’s 9.5% annual decrease, and November expenditures, at 3.331, were off 25.6% annually, topping October’s 23.3% annual decline, while falling 1.3%, from October to November.

October’s shipment reading, at 1.108, was down 9.5% annually, and October expenditures, at 3.375, fell 23.3% annually

September’s shipment reading, at 1.163, fell 6.3% annually, and September expenditures, at 3.452, were off 25.4%.

August’s shipment reading, at 1.143, fell 10.6% annually and up 1.9% compared to July, and August expenditures, at 3.459, were down 25.0% annually, in line with August’s 24.4% decline, and were up 1.1% compared to July.

July’s shipment reading—at 1.122—was down 8.9% annually and down 2.2% compared to June. July expenditures, at 3.423, were down 24.4% annually, in line with June’s 24.5% annual decline and were off 2.8% compared to June.

June’s shipment reading, at 1.147, was down 4.7% annually and down 1.6% compared to May. June expenditures, at 3.520, saw a 24.5% annual decline, steeper than May’s 15.7% decline, and were off 2.6% compared to May.

May’s shipment reading—at 1.166—was down 5.6% annually and up 1.9% compared to April. May expenditures—at 3.614—saw a 15.7% annual decline and were down 6.8% compared to April.

April’s shipment reading, at 1.144, was down 2.4% annually and was off 1.0% compared to March, and the expenditures reading, at 3.877, fell 14.0% annually and was down 1.0% compared to March.

The report’s first quarter shipment index value—at 111.7—was down 0.8% compared to the fourth quarter and fell 6.1% annually, marking the fourth consecutive quarter of annual shipment declines. And the freight spend index value—at 269.9—was down 0.2% compared to the fourth quarter and was down 0.3% annually. The reading saw its first annual decline going back to the third quarter 2020.

March’s shipment reading—at 1.155—was down 4.0% annually and fell 1.0% compared to February. The March expenditures reading—at 3.961—was down 12% annually and fell 1.5% below February’s 4.020 reading.

January’s shipment reading—at 1.124—saw a 4.3% annual increase and up 1.3% compared to December. Expenditures—at 4.096—saw a 1.7% annual increase and were down 3.2% compared to December.