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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (143946)	9/2/2008 12:39:03 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

Most of my suppliers and freight companies have increased shipping costs and tacked on fuel surcharges. We of course must pass that on to the retail customer. Diesel remains stubbornly high, well above $4, despite oil down some 30% from highs. Many freight companies have already been mortally wounded. Those who survive won't be so quick to lower charges for some time while they try to recover. Without a much more dramatic drop in oil/diesel, competition will be the key driver of rate decreases. Of course with you being a wholesaler and with overseas freight making up such a large part of your costs, you may be seeing more efficient mkt forces determining rates.