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Inflation Continued Upward Climb in March

Inflation Continued Upward Climb in March

by Lindsey Thompson | Apr 18, 2022 | Industry News, Operational Insights

The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. For all items less...
U.S. Inflation Continues to Soar

U.S. Inflation Continues to Soar

by Lindsey Thompson | Mar 14, 2022 | Industry News, Operational Insights

Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The inflation rate over the last 12 months stands at 7.9 percent, up from 7.5...
Growth at Retail Ports to Slow During First Half of 2022

Growth at Retail Ports to Slow During First Half of 2022

by Lindsey Thompson | Feb 14, 2022 | Industry News, Operational Insights

According to the monthly Global Port Tracker report, imports at the nation’s congested container ports are expected to slow during the first half of 2022. The report, released by the National Retail Federation (NRF) and Hackett Associates, found that even with the...

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