The Cass Freight Index, a key measure of freight volumes in the US, has fallen to its lowest since the GREAT FINANCIAL CRISIS, when excluding 2020. This signals weakening demand for shipping and goods movement, and a slower economy.
Walmart CEO: We see our cost increase each week as we replenish inventory at post-tariff price levels.
“Walmart CEO: We see our cost increase each week as we replenish inventory at post-tariff price levels.”
As Walmart prices increase the customer parking lot becomes less full.