Lower shipper container costs not reflected in the cost of goods
October 17, 2022
The cost of shipping containers has fallen from high price records set in September 2021, but the reduction has not trickled down to the prices of products they carry. Several factors have played into continuing high prices on retail store shelves, including labor costs, rising gas prices and excess inventory. Mike Graziano, a consumer products analyst at RSM, expects that prices will come down at some point. “It’s going to really depend on the product that’s being sold and the company that’s selling the product,” he said.
Recent News
Uber and Lyft Strikes in Metro Atlanta
Uber and Lyft rideshare and delivery drivers in the sprawling metro Atlanta area came together in solidarity with their counterparts nationwide for a significant cause on May 1.
Johnson & Johnson Announces Plan To Resolve All Current and Future Ovarian Cancer Talc Claims
The settlement is worth $6.48 billion.
Some Americans Will Get a Rare Extra Social Security Check This Month
Some Americans may get a rare extra social security check on the last day of May, though it doesn’t mean they will receive extra money.
Krispy Kreme Expands Into Germany
Krispy Kreme is set to extend its sweet reach to Germany through a recent agreement with ISH Kreme, marking its largest franchisee collaboration yet.