Mounting freight costs cause upsurge in construction material prices

04/27/2011 | Reed/ACP Construction Data

Rising freight costs, partially triggered by rising diesel prices, have pushed up construction material prices 6.8% over the past 12 months. Heavy materials, such as concrete and aggregates, cost the most in terms of freight-based charges. Prices of materials such as steel and chemicals are rising less because labor rather than shipping is the most expensive portion of the product's cost.

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Reed/ACP Construction Data

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