Big news about trucking! A company called RXO looked at how much it costs to ship things by truck. They found that prices are going up.
It's like the price of a toy. Sometimes it's cheap, sometimes it's expensive. This time, the price of trucking is going up. This means it will cost more to ship things.
This is important because everything we use needs to be shipped.
- Truck shipping prices are increasing.
- This is happening because there are fewer trucks available and the economy is doing ok, but inflation is a problem.
- This might mean things you buy will cost a little more.
| Fact | Number |
|---|---|
| Truck shipping prices increased by | 11.6% in the last quarter |
| Overall inflation is | 3.3% |
| The Federal Reserve wants inflation to be | 2% |
