Photo: Joe Raedle/Getty ImagesManufacturers and retailers are enjoying a breather from soaring trucking costs, but many shippers say lingering problems in booking big rigs point to more turmoil ahead. Shippers have postponed deliveries that aren’t urgent or are moving more cargo by rail, reducing pressure on trucking fleets struggling to hire drivers. But many shippers and trucking companies warn that the lull may not last, for a number of reasons. Higher freight costs are weighing on corporate profits and raising prices for consumers. Last week, Tyson Foods Inc. TSN 0.05% said rising freight costs will help push meat prices higher at the supermarket.

Source: Wall Street Journal February 15, 2018 21:15 UTC