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.”
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.”
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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