The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

Cerasis

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. Twitter Facebook Google+ LinkedIn The post The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward appeared first on Freight Logistics Company | Cerasis

How the Bakken Oil Boom Impacts U.S. Supply Chains

CH Robinson Transportfolio

The oil and gas industry impacts freight transportation in four significant areas: Diesel Prices. Libya, Iraq, Russia, and Venezuela have all seen incredible political turmoil as significant oil producers, yet diesel prices have stayed in a tight range for the last 12 months and are currently $0.065 per gallon cheaper than this time last year. My brother-in-law lives within a half a mile of the main freight rail track in the Twin Cities.