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-0.000320863519440204 0.00026498279414438 0.000310047895189308 0.000445243198324222 0.00026498279414438 0.000174852592054395 0.00531227411118099 0.000670118052538657
Stockreport

Truck shortage forces shippers to cut back or pay up [MSN Money]

CONSTELLATION BRANDS (STZ)  More Company Research Source: MSN Money
Last constellation brands earnings: 3/29 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
PDF A nationwide truck shortage is forcing thousands of shippers into a tough choice: postpone all but the most important deliveries, or pay dearly to jump to the front of the line. Popular Searches Michelin North America Inc. cut its daily shipments of synthetic rubber from one plant by a fifth earlier this month and is at times paying double its usual price for temperature-controlled trucks, said Eric Stuch, a logistics manager at the tire manufacturer. Meal-kit service HelloFresh S.E. recently enlisted one of its produce suppliers to help move shipments to the airport in a snowstorm. Several factors have converged to overwhelm the trucking market. Freight volumes in December hit near-record levels for that time of year, on the back of a strengthening economy. Retailers are replenishing stocks after one of the strongest holiday sales seasons in recent years. Manufacturers are also shipping more cargo; in December, industrial production had the largest y [Read more]

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