Market Trends
Distribution of goods has been in existence for as long as human started trading goods, but one thing is certain, the distribution industry is still evolving. The introduction of technology has indeed helped in reshaping our industry.
The trend in the petroleum wholesale industry shows that as oil and natural gas prices decrease, industry revenue is expected to decline, industry operators have tried to cut prices to discourage customers from switching to natural gas and customers will likely transition from propane to natural gas due to price differentials. Please note that external factors such as world price of crude oil and world price of natural gas will always impact industry performance.
Although this may be the case for the time being, our sites have been set for future trade as well, in the form of further studies and further development of Biofuels and alternative energy supplies. The Technology in this day and age will only get better as time lapses and this will allow for our team, innovative Fuel solutions.
Lastly, it is now a common phenomenon for diesel distribution and supply companies to leverage on technology to effectively predict consumer demand patterns and to strategically position their business to meet their needs; in essence, the use of technology helps diesel distribution and supply businesses to maximize supply chain efficiencies.