Diesel Price Hike Strains Business Profits
According to the U.S. Energy Information Administration, the U.S. national average diesel price rose again for the week ending September 27th, marking the third increase in the past four weeks. Rising diesel prices directly impact the operating costs of industries such as transportation, logistics, and agriculture. Businesses should actively seek coping strategies, such as optimizing transportation routes and improving fuel efficiency, to mitigate the impact of these rising costs.
