Historical oil price chart
Transport and Logistics companies that are of sufficient size to weather the economic uncertainties caused by fuel price volatility and can pass on certain of these costs to customers are in an advantageous position to capture an increasing amount of international transport activities. This fact arises since the greatest addressable impact of fuel costs for customers is in the cost of international shipments where changes in mode can dramatically lower energy related costs. Large transport companies have the relationships and ICT capabilities to facilitate these changes in a rapid and seamless manner while still providing customer service levels acceptable to major shippers. Smaller players without the scale or scope capabilities of the major transport companies have less freedom in making similar changes for their customers.