{"id":417828,"date":"2021-05-31T11:49:06","date_gmt":"2021-05-31T06:19:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417828"},"modified":"2021-05-31T13:34:23","modified_gmt":"2021-05-31T08:04:23","slug":"rising-fuel-prices-keep-logistics-industry-on-its-toes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-fuel-prices-keep-logistics-industry-on-its-toes\/","title":{"rendered":"Rising fuel prices keep logistics industry on its toes"},"content":{"rendered":"<p>Rising fuel prices pose a challenge for logistics and transport companies that are now planning to increase the price of their services to retain margins. <\/p>\n<p>Fuel prices contribute to 40-60% of the operational cost for any individual transporter or transport company, industry watchers informed DH. The operational costs have increased in the range of 10-20% for these firms.<\/p>\n<p>WareIQ, which offers next-day delivery for e-commerce companies in India, has seen operating costs rise by 8-10% in recent times. <\/p>\n<p>Harsh Vaidya, Founder, and CEO of WareIQ say the volatility of fuel prices has kept the industry on its toes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising fuel prices pose a challenge for logistics and transport companies that are now planning to increase the price of their services to retain margins. Fuel prices contribute to 40-60% of the operational cost for any individual transporter or transport company, industry watchers informed DH. The operational costs have increased in the range of 10-20% for these firms. WareIQ, which offers next-day delivery for e-commerce companies in India, has seen operating costs rise by 8-10% in recent times. Harsh Vaidya, Founder, and CEO of WareIQ say the volatility of fuel prices has kept the industry on its toes.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-417828","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417828"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417828\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}