Effects of recent and expected fuel price increase on transport and logistics
Monday, May 30, 2022 | 4440 Views |
Rising fuel costs is one bump that is felt by businesses of all structures and sizes. As fuel prices continue to rise, companies are faced with the options of operating at a loss, charging their clients a higher rate, or exploring out-of-the-box ways to save on costs.
Increases in fuel prices affect a number of activities in Transport and Logistics with a resultant effect of a rise in commodity prices.
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