U.S. freight shipping rates have likely peaked, according to new Cass Freight Index data, in another sign that inflation is easing - CNBC

U.S. freight rates are still up year over year, but declined in July, according to the Cass Freight Index, signaling a peak for one more inflation indicator.

U.S. freight rates increased 28% year over year, but declined almost 2% month over month in July, a likely signal that the U.S. market has reached peak freight rates, according to the July Cass Freig… [+1750 chars]

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