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  • Actual for You - The Impact of Oil Prices on the Freight Industry

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    ncreasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing lo

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    Instability in the Middle East and threats to geo political harmony from Iran are combining to hike up oil prices around the world. This is having an impact at all levels from big business to consumers; and the freight industry in particular is under strain as a result.

    In the UK petrol prices are reaching record highs which is affecting the cost of road freight transportation. However, it is not just road freight which is affected by increasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing low

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    es around the world. This is having an impact at all levels from big business to consumers; and the freight industry in particular is under strain as a result.

    In the UK petrol prices are reaching record highs which is affecting the cost of road freight transportation. However, it is not just road freight which is affected by increasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing lo

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    stry in particular is under strain as a result.

    In the UK petrol prices are reaching record highs which is affecting the cost of road freight transportation. However, it is not just road freight which is affected by increasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing lo

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    s affecting the cost of road freight transportation. However, it is not just road freight which is affected by increasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing lo

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    ncreasing petrol prices. Air freight is also under strain.

    This is illustrated by the fact that Boeing lowered its annual growth rate predication last week because of the effect that high oil prices were having on its business. It dropped 0.1% off its 20 year forecast as a result of the high and growing cost of oil.

    This does not mean that the entire air freight industry will fall off though. The market is still expected to grow at a considerable rate each year. Of course this fact is of real concern to campaigners who are keen to see a red

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