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Freight Surge Drives Up Costs | Business and Finance News
Description
Freight’s heating up fast—demand’s soaring while trucks and ships can’t keep up, sending rates skyrocketing. New entrants struggle to join, old fleets barely expand, and tariffs are pushing ocean freight forward, creating a ripple effect across all modes. Intermodal’s shining with strong growth and lower fuel stress, while rising costs and shaky consumer confidence add pressure—despite booming demand from new factories and data centers.
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