{"id":990597,"date":"2021-11-09T16:28:44","date_gmt":"2021-11-09T21:28:44","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=990597"},"modified":"2021-11-09T16:28:49","modified_gmt":"2021-11-09T21:28:49","slug":"bidenflation-truck-trailers-and-shipping-see-record-breaking-price-hikes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidenflation-truck-trailers-and-shipping-see-record-breaking-price-hikes\/","title":{"rendered":"Bidenflation: Truck Trailers and Shipping See Record-Breaking Price Hikes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbidenflation-truck-trailers-and-shipping-see-record-breaking-price-hikes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=990597&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">It\u2019s not just truck drivers that are in short supply. So are truck trailers.<\/p>\n<p>A <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/10\/19\/bidens-boat-parade-trucker-shortage-exacerbating-u-s-port-congestion\/\">shortage of trucks and truckers<\/a> to drive them is <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/10\/20\/bidens-plan-to-relieve-backlog-at-port-of-los-angeles-is-not-working\/\">the primary cause<\/a> of the crisis at America\u2019s ports.&nbsp; Inflation data released Tuesday shows that the prices of shipping and truck trailers are soaring.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>The price of truck trailers jumped 6.6 percent in October compared with the month earlier, the largest ever monthly gain in Labor Department Producer Price Index records stretching back to 1981. Compared with a year ago, prices are up 19.7 percent, according to PPI data released Tuesday.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/fredgraph-2.png\" width=\"630\" height=\"468\" \/><\/p>\n<p>Heavy-duty truck trailers, rated for 10,000 pounds or more, rose in price by 7.8 percent in October and were up 19.5 percent compared with a year ago, both new record gains.<\/p>\n<p>Trucking prices are soaring as well. The price of general freight trucking jumped 3.5 percent in October, also a record high. Compared with a year ago, the general freight index is up 18.4 percent, second only to May\u2019s annual gain of 19.9 percent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/fredgraph-3.png\" width=\"630\" height=\"468\" \/><\/p>\n<p>The price of local freight trucking was up 6.9 percent from a month earlier and a record-shattering 19.3 percent compared with a year ago.<\/p>\n<p>Long-distance trucking costs rose 3.5 percent in October and were up 21.7 percent compared with last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s not just truck drivers that are in short supply. So are truck trailers. A shortage of trucks and truckers to drive them is the primary cause of the crisis &#8230;<\/p>\n","protected":false},"author":11,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-990597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/990597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=990597"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/990597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=990597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=990597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=990597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}