Paying More & Getting Less? Meet Skimpflation

August 15, 2022 0Blog

Here’s a skimpy idea – skimpflation means that you pay the same price for something but get less of it.

Think of hotels charging the same room rate but closing the breakfast buffet, or cereal companies charging the same price per box but reducing the size of the box.

Skimpflation is rampant in freight. Companies charge 50% – 100% more than a year ago yet won’t give you an update on your freight’s ETA.

Synchro is fighting skimpflation – we have increased our staff so that we can answer customer calls any time day or night. Contact our team today for a free rate analysis!

Read more here: Skimpflation: Planet Money : NPR


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