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Could we see a price drop in other raw materials like we saw with lumber?

Posted by The FTR Experts on Nov 4, 2021 12:41:03 PM

Eric Starks, Avery Vise and Todd Tranausky field a question about the price of raw materials during FTR's October State of Freight webinar.

This Q&A response from The FTR Experts came from our October State of Freight webinar. View the video and the key takeaways below.

 
Key Takeaways:
  • There doesn't appear to be any end in sight to raw material inflation, with lumber being an exception due to a stabilization of housing starts.
  • Particularly steep price hikes in materials such as fuel and steel will continue to trend upward for at least the next 2 or 3 quarters.

 

Tags: trucking, inflation, fuel, steel, transportation, state of freight, raw materials, lumber

 

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