Investing News Blog

Thursday, June 08, 2006

Fuel Prices Affecting Business

Fuel prices are now not only having an effect on how much we drive our cars but also on what products we buy. Rising fuel prices are having an effect on not only the cost of goods but also on delivery charges. Some businesses are now cutting back on the amount of deliveries they make and charging more for each delivery, and while this cuts costs it makes customers wait longer and sometimes businesses loss customers. With Oil prices continuing to rise don't expect to get your delivered goods to soon.

Rising Gas Prices Drag on Deliveries
"Fast delivery and same-day service, two favorite ways for small businesses to build relationships with customers, are becoming casualties of higher gas prices.

Some small companies that until recently sent their vans or trucks on several runs a day have been forced to cut back, sometimes to just one. Their customers, meanwhile, have to wait longer, or if they're in a rush, take their business elsewhere".
Yahoo News

# Energy & Oil News