EFECT OF RISING OIL PRICES ON UK LOGISTIC INDUSTRY

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EFECT OF RISING OIL PRICES ON UK LOGISTIC INDUSTRY

EFECT OF RISING OIL PRICES ON UK LOGISTIC INDUSTRY

This report was prepared for Steve Pulford, the CEO for TKL Logistics Company in the UK. The report looked in the logistic industry environment in the UK and how it has been affected by the rising fuel cost. The report found out that oil prices have been on the rise and due to uncertainty in the world market the prices are likely to remain high.

EFECT OF RISING OIL PRICES ON UK LOGISTIC INDUSTRY

The report also found out that operators in UK logistic industry have been affected by the rising fuel cost and some have resulted to cost cutting measure in their operation.

EFECT OF RISING OIL PRICES ON UK LOGISTIC INDUSTRY

The report recommends the company to reduce the number of delivery vehicles on the road and lay off some of the worker as the immediate measures while it also recommend closing of some branches and raising the charges as long term measures