The Material Handling Blog

Whether you believe the peak oil theory or not, the cost of crude oil continues to rise causing a major affect on a variety of supply chain costs. Last year, I listened to an economist talk about the influence of rising oil prices, and how it will change the logistics industry as we've known it in recent years. At the time I was skeptical of his predictions . Today with gasoline prices at $4.15 per gallon and rising, I'm starting to believe what he had to say. Here's why.......