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Walmart is getting hurt by the crisis plaguing the trucking industry

5 monthes ago   |   By

David McNew/Getty Images
Walmart 's first-quarter margins were pressured by increased transportation costs.
The trucking industry is getting squeezed by higher wages, driven by a shortage of drivers.
The retailer also said higher fuel prices were pinching margins.
Walmart said in its earnings call it will be vigilant about those cost increases.
Watch Walmart trade in real time here.
Walmart 's first-quarter earnings topped Wall Street estimates, but the retailer was unable to avoid the sting of a crisis that's hurting several industries: rising transportation costs.
The retail giant...
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