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Rising shipping costs are a big threat to the stock market

Posted on June 13, 2018 By In Internship With no comments

ice road truckersYouTube/Discovery

Rising shipping costs are eating into companies’ bottom lines, putting pressure on their shares.
Trucking-price increases have far outpaced the rest of the producer price index.
High oil prices are partly driving the shipping cost increases. 

This month, my wife and I drove from Austin to Memphis. Going across Arkansas, the number of trucks seemed quite high.

We finally started counting and found commercial trucks outnumbered passenger vehicles by about 2-1.See the rest of the story at Business Insider

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SEE ALSO: Congress quietly passed the largest rollback of Wall Street regulations since the financial crisis


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