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U.S. Bank Named Top 100 Logistics IT Provider by Inbound Logistics

Bank’s Freight Payment tools praised for market-leading technology

MINNEAPOLIS--(BUSINESS WIRE)--Apr. 30, 2015-- In its annual logistics IT research survey, Inbound Logistics magazine named U.S. Bank a Top 100 sector leader for its suite of Freight Payment tools that promote secure, automated cash-flow management through a variety of audit, payment and financing programs. This is the third consecutive year the bank’s industry-leading freight payment solution has made the list.

A pioneer in automated freight audit and payment, U.S. Bank Freight Payment processes millions of freight invoices annually for some of the world’s largest corporations and government agencies. The industry-leading solutions provide:

  • Complete visibility into all funds received and disbursed
  • 100 percent prepayment audit
  • A collaborative online solution for shippers and carriers to resolve exceptions
  • Innovative cash management solutions

The Inbound Logistics selection team chose its 100 top technology leaders from a pool of more than 400 candidates. Editors said they placed value on providers whose solutions are central to solving transportation, logistics and supply chain challenges, and whose customer successes are well documented.

The Top 100 list appears in the April 2015 issue and is posted online. For more on U.S. Bank’s transportation solutions, visit www.usbpayment.com/carriers.

About U.S. Bank

U.S. Bancorp (NYSE: USB), with $410 billion in assets as of March 31, 2015, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The company operates 3,172 banking offices in 25 states and 5,016 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

Source: U.S. Bancorp

U.S. Bank Corporate Communications
Bill Brady, 612-303-0731

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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