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With the rise in global crude oil production and relative political stability in the major oil producing nations, particularly Iraq and Libya, the price of crude oil has fallen from above $100 a barrel to around $50 a barrel in just a year. Drop in the price of crude oil.
The oil and gas industry impacts freight transportation in four significant areas: Diesel Prices. So why does this matter for supply chain professionals? A quiet, but powerful story across supply chains this year has been the stability of fuel prices despite geopolitical turmoil.
SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier. All transportation of cargo prior to the point at which Carriers rates begin to apply as set forth above shall be at the risk and expense of Merchant. See Rule 14).
Transportation. Broadly speaking though, the following areas are those where KPIs will be necessary: Order capture. Inventory management. Purchasing and supplier management. Production/manufacturing. Warehousing.
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