Effect of high cost of transportation

[eldavis]

With the price of fuel going up, the cost of transportation has also increased. The cost of transportation has doubled making it hard for both business owners and non business owners to operate. Due to the increase in transportation, the price of goods and services would also have to increase, cause transportation is needed to move these goods from one place to another.

 

[cherry123]

High cost of transportation affects a lot of things. It starts with the prices of goods and services it will escalate as people would add the high cost to the product sold and things will be expensive

 

[Blessed19]

High cost of transportation has a huge impact on the cost of services and commodities in the market just like it is happening in my region Nigeria the price of fuel was hiked therefore increasing the price of transportation and also goods and services.

 

[cherry123]

The simple logic here means that High cost of transportation means high impact on the cost of services and commodities in the market The buyers would also bear the cost of this high transport

 

[Semi]

It is called a multiplier effect. That is for us to see how vital transportation is to production and any business. Prices of products have doubled all because it costs more to convey products and services to and fro.

 

[Heatman]

With the price of fuel going up, the cost of transportation has also increased. The cost of transportation has doubled making it hard for both business owners and non business owners to operate. Due to the increase in transportation, the price of goods and services would also have to increase, cause transportation is needed to move these goods from one place to another.

High cost in transportation is always going to impact on the selling price of any business commodity that a business is dealing on.

I am sure it also affects one's savings who is working for another company because you're going to be spending much on transportation.

 

[Stardom22]

ln a matter of fact, when the prices of the transportation is raised up, everything is likely to shoot.

 

[Etini Willie]

Cost of transportation is like the major determinant of the prices of products now. Production might be at a reasonable cost and transportation doubles everything up.

 

[bestwriter]

One needs to move with the tide and make adjustments in order to survive. Every one is sailing in the same boat.

 

[freelancermaria]

When there is an increase in the cost of transportation, expect that the prices of goods will increase, too.

 

[eldavis]

It is called a multiplier effect. That is for us to see how vital transportation is to production and any business. Prices of products have doubled all because it costs more to convey products and services to and fro.

Very true, though a lot of people have failed to realize this. They tend to complain when certain people increase the cost of their goods and services.

 

[King Belieal]

Prices of the things that we used to produce have all tripled because of the high costs of fuel and transportation.

 

[Shavkat]

It will surely affect the local commodities of a particular country. In general, it will affect country's economy because of this situation.

 

[nomad]

When transportation cost is high your production and delivery cost will also increase, which will make your products more expensive.