The good news is that the freight availability/pricing data really is improving at a good clip.
…on a range of frames.
Recall that this is all signs/symptoms/causes of inflation, throughout global supply chains.
The moderation shown above continues to support the “team transitory” case, and likewise will help the Fed in the put-the-economy-on-a-sustainable-glide-path-without-accidentally-causing-a-recession endeavour.
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