For those of you who tend to be concerned with fuel prices (in other words, all of us), I thought this was a good visual. Fuel prices have not peaked to the levels of mid 2008 which is a good thing. But diesel did rise 29% from 2010 to 2011. However, the Department of Energy is projecting fuel to remain at 2011 levels through 2012.
Courtesy of the DOE.
About Me
George Muha is the founder and editor of Freight Savings Tips. George is also a consultant with a specialty in helping shippers improve profit gross margins by heavily focusing on supply chain. He has authored articles on best practices and supply chain savings ideas that have been featured and syndicated in over 50 publications.
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