Rising costs and lack of drivers means it's still a bumpy road for hauliers
The road haulage sector is still facing rising operational costs, and transport companies have “little choice” ...
The logistics industry is more than aware of the inexorable rise in oil prices. But OPEC today moved closer to boosting oil output by a million barrels a day – or 1% of global supply – in an attempt to cool oil prices. Iran, facing “crippling” US export sanctions, had been against raising output when its own exports look set to fall by a third by the end of this year. However, it looks as if the other OPEC members have found a compromise with Iran. Reuters reports.
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Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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