Economy Blog

CSX (CSX) is raising freight rates. So is Burlington Northern (BNI). Their diesel costs are up, and they need to pass them on to customers. Dow Chemical (DOW) said it would raise the prices of some of its products by 20%. The firm’s commodities and component costs have gone through the roof. The latest American icon to say it would have to push up prices to customers is Eastman Kodak (EK). Unlike many other companies that want to recoup costs of goods, Kodak is financially weak and has customers who may simply walk away. According to The Wall Street Journal,…
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