Freight rates skyrocket

Transportation woes continue to haunt Northeast shippers as trucks remain hard to come by and freight rates skyrocket because of rising fuel costs and a scarcity of drivers. “Trucks are at a premium right now,” said Tracie Levin, controller at M. Levin and Co., in Philadelphia. “It’s a major hindrance for our industry and anyone else that uses trucking, which is basically every industry out there,” she said.