Bloomberg Surveillance · Friday, August 7, 2026
The logistics sector is absorbing significant cost increases due to longer shipping routes and elevated fuel prices. Small and mid-sized businesses, particularly truckers, are struggling to pass these costs on to consumers, impacting profitability.
“These routes add so much time and the fuel burn at these elevated levels. You're talking about prices that are up sixty percent over the last six months on average, the transit time has increased by two and a half fold, and right now the fuel burn is about thirty to thirty five percent of the cost of a vessel voyage one ship sailing thirty thirty five percent is what you're looking at on the energy price.”
“Most of the truckers that do our business at the port, about two thirds of all the cargo moves in and out over the road. They're small to mid sized businesses. They can't absorb these price shops like others can, and they can't necessarily pass it on because they don't have the leverage.”