Impact of Rising Fuel Costs on Logistics Industry appsrhino.com

Companies' lesser margins mean that none other than the end consumer will bear the brunt. These increased prices will press them, and in most cases, they would end up paying more for almost all kinds of products – from groceries, medicines, electronics to many more. Indeed, it is an unnecessary expense for the innocent consumer who ultimately becomes the victim of the fuel-related turmoil. The price changes in the high-cost, high-value items like auto, electronics, etc., will probably not upset them more since a marginal increase in the already highly-priced items is usually ignored.