Arkansas Trucking Association

Prices at the grocery store and gas pump continue to rise as the U.S. Department of Agriculture reports 30 of the 38 commonly traded commodities are priced higher now than a year ago.

Among the most inflated prices are turkey breasts (166.5% higher) and chicken breasts (87.3% higher). Chicken processors like Tyson Foods and Pilgrim’s increased production in February, but ongoing supply chain issues and labor shortages only beleaguer their inability to keep up with demand.

As the Russian invasion of Ukraine continues and fuel prices soar at the fastest rate ever recorded by the Energy Department, President Biden on March 31 announced an unprecedented release of crude oil from the nation’s Strategic Petroleum Reserve.

FedEx Corp. founder Fred Smith will become executive chairman effective June 1 and current President and Chief Operating Officer Raj Subramaniam will be promoted to President and CEO.

"Over the course of five decades, Fred built FedEx from the ground up into one of the most iconic and innovative companies the world has ever known," said American Trucking Associations President and CEO Chris Spear. “His contributions have not only benefited our industry; they have helped transform our economy and forever changed the way we all live."