The rise in fuel prices caused by the Covid-19 pandemic has negatively impacted the logistics industry, leading to a decline in demand and an increase in service charges. The high fuel costs have affected transportation-dependent goods and services, contributing to inflation. To mitigate the impact, logistics businesses are adopting new technologies such as AI and big data analytics to improve efficiency and reduce fuel consumption. Employing sustainable solutions like alternative fuels and electric vehicles can also help manage rising fuel prices.
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