State of Freight TODAY

Weekly Transportation Update: Core Consumer Inflation Lowest in Almost Two Years

Written by The FTR Experts | 7/17/23 1:00 PM

Core consumer inflation in June was tamest since August 2021.

  • Pricing for freight transportation services fell in June, led by truckload.
  • Diesel prices rise as crude oil hits its highest price since April.
  • Van segment spot rates retreat as expected during the July 4 holiday week.
  • Intermodal and rail carload volumes are hit by the holiday and Canadian port strike.