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Inflation is coming to the US economy on an 18-wheel flatbed

May 23, 2018 at 08:07 AM CST
  • While broader inflation gauges have been restrained, price pressures are building in the freight and cargo industry.
  • Demand is surging from firms looking for trucks to carry their loads, with some gauges up more than 100 percent on a year-over-year basis.
  • Inflation is showing up elsewhere as well, with a New York Fed indicator at its highest level since 2006.