Approved Freight Forwarders
Helpful Articles - Industry News

Recent data from the Bureau of Labor and Statistics has confirmed what many consumers have already recognized at the cash register: Prices continue to rise for goods and services. 7.9% increase in Consumer Price Index Feb. 2021-2022 From February 2021 to February 2022, the Consumer Price Index for All Urban Consumers (CPI-U) rose by 7.9%—the largest 12-month change since January 1982. . In other words, consumers are paying 7.9% more for goods and services than they were a year ago. What’s behind these sharp price increases? Basic economics of supply and demand. This balance was disrupted during the pandemic. As companies struggle to get their...