#Inflation

Inflation hits 4.2% in May as energy costs squeeze shop budgets

Real hourly earnings fell 0.7% in the biggest single-month drop in three years. What the May CPI spike means for parts, labor, and truck operating costs.

PCE Inflation Hits 3.5%, Highest in Three Years on Fuel Spike

March year-over-year inflation jumped to 3.5 percent as diesel and gasoline prices climbed, tightening margins for owner-operators and small fleets already…