The impact of oil price fluctuations on transport and its related sectors

This study looks at the ways in which the transport of goods is influenced by significant variations in oil prices and focuses on carriers responses in the various transport sectors. It investigates the relations between oil prices and the transport sector, by taking into account the evidence of the impact of recent price hikes on transport businesses and their response. Indeed, the spike in oil prices in the first half of 2008 has been taken as an opportunity to carry out an evidence-based analysis of the transport sectors reactions.