Data on producer prices shows that overall inflation pressure calmed further in December, weighed down again by declines in energy prices. Industry detail showed that trucking rates continued to surge, however, driven by another large gain in long-distance trucking rates.
Data on producer prices shows that overall inflation pressure eased further in the 3rd quarter, declining for the first time in 18 months. Trucking prices also calmed during the month, as big declines in long-distance trucking and LTL rates offset rising rates among local carriers.
Which jobs in the trucking industry are most at risk to autonomous trucking, and what can we do to prepare?
Data on producer prices shows that overall inflation pressure calmed at the start of the 3rd quarter. Trucking prices continued to climb during the month however, particularly for long distance trucking where rate inflation has pushed to a new record high
Data on producer prices shows that overall inflation pressure continued to heat up in the economy, as gains in service prices helped to push up. Trucking prices surged again in June, as part of an overall wave of rising transportation costs in the economy.
Why, when capacity is so tight, is Chicago of all places overheated?
The trade deficit in goods widened for the sixth consecutive month in February. Total goods trade volume was up however, which bodes well for transportation and freight markets