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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