Trucking Freight Rates Highest in Decades

News

Freight costs in the U.S. continue to mount as supply-chain bottlenecks that include a record number of container ships awaiting berths at ports in Los Angeles and Long Beach show few signs of letting up. Rates jumped in October by more than 36% from a year earlier, the biggest annual increase in data back to the early 1990s. Read more here.

 

Author: Bloomberg