Costs for companies to ship and store goods rose significantly earlier this year after the U.S. and Israel invaded Iran, and they’ve stayed high, according to the Logistics Managers’ Index finds. The index for the combined cost of inventory, warehousing, and transportation has risen 18% this year. What do those higher costs for manufacturers and retailers mean for consumer prices? Plus, a check-in with one small business owner on the tariff refund process.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:For this tea shop, it's not just tariffs weighing on business

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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