Freight costs to increase after Yellow trucking’s bankruptcy

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Higher cost for consumers…

” How Yellow’s Bankruptcy Is Rippling Through the U.S. Economy – WSJ ”

” Industry experts say they expect prices to rise with Yellow’s rates now off the table for many shipping customers.”

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https://www.wsj.com/articles/yellow-bankruptcy-us-economy-e2761b0b

“… we are anticipating that freight rates will actually increase over these next few months, because Yellow was actually a provider of very low-cost freight transportation.”

https://www.pbs.org/newshour/show/future-of-freight-in-question-after-trucking-company-yellow-files-for-bankruptcy

Food and gasoline prices are already increasing again.

Don’t expect the Federal Reserve to reduce interest rates anytime soon… they may continue to raise rates.

AC


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