🚛 THE COST OF TRANSPORTING EVERYTHING IS RISING — AND THIS CAN REACH THE CONSUMER’S WALLET
The cost of transporting goods in the US has started to put pressure on inflation again. According to The Wall Street Journal, trucking sector expenses are at their highest levels since the impacts of the pandemic, while diesel jumped 77% in a year.
⛽ On September 22, diesel hit US$ 6,53 per gallon, a record according to AAA. The increase doesn’t affect only truckers: railways are applying surcharges, and maritime shipping costs are also high. (The Wall Street Journal)
📦 The problem is spreading through the supply chain. Transport companies either have to absorb part of these costs or pass them on to producers, distributors, and retailers — increasing pressure on the prices of food and other products.
🔥 The result is a particularly delicate scenario: even when oil prices fall back, logistics costs may remain high and keep inflation under pressure.
More expensive diesel → more expensive freight → more expensive products.
So inflation is not only at the gas station. It may be hidden in practically everything that needs to be transported.
#Inflation #Economy #USA #Diesel #Oil #Freight #Logistics #Commodities #Markets #GlobalEconomy
The cost of transporting goods in the US has started to put pressure on inflation again. According to The Wall Street Journal, trucking sector expenses are at their highest levels since the impacts of the pandemic, while diesel jumped 77% in a year.
⛽ On September 22, diesel hit US$ 6,53 per gallon, a record according to AAA. The increase doesn’t affect only truckers: railways are applying surcharges, and maritime shipping costs are also high. (The Wall Street Journal)
📦 The problem is spreading through the supply chain. Transport companies either have to absorb part of these costs or pass them on to producers, distributors, and retailers — increasing pressure on the prices of food and other products.
🔥 The result is a particularly delicate scenario: even when oil prices fall back, logistics costs may remain high and keep inflation under pressure.
More expensive diesel → more expensive freight → more expensive products.
So inflation is not only at the gas station. It may be hidden in practically everything that needs to be transported.
#Inflation #Economy #USA #Diesel #Oil #Freight #Logistics #Commodities #Markets #GlobalEconomy
