State of Freight TODAY

Weekly Transportation Update: Consumer inflation rose in March at the same rate as February

Written by The FTR Experts | 4/15/24 12:28 PM

Consumer inflation is sticky in March. Prices in the supply chain saw a slight increase, but at a slower pace compared to February. Additionally, there's a concern over rising diesel prices for freight transportation.

  • Producer-level pricing moves higher due to services.
  • Insurance premium costs appear to be rising for trucking operations.
  • Truck spot rates decline after four straight weeks of increases.
  • Rail carload, intermodal volumes decrease in the latest week.