School of Business

VCU Blogs

While gas prices have reached historic levels over the past few days, diesel prices have as well.

Due to the key role that fuel plays in the trucking industry and the supply chain, these costs will likely be passed along to consumers.

“Fuel costs go directly into distribution costs and distribution costs are a significant portion of total consumer prices,” Dr. Jeff Smith, chair of VCU’s supply chain management and analytics department, said. 

Read the full article on the CBS 6 website

 

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