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Diesel fuel shortage: Why is no one talking about this?
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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 5457597" data-attributes="member: 44954"><p>[URL unfurl="true"]https://www.fool.com/earnings/call-transcripts/2022/10/25/united-parcel-service-ups-q3-2022-earnings-call-tr/[/URL]</p><p></p><p><em>Total expense grew 7%.</em></p><p><em>Wages and benefits contributed about 310 basis points of the increase, driven by the annual increase for our Teamster employees that went into effect in August. <strong>Fuel drove 220 basis points of the expense growth rate increase due primarily to the rise in price per gallon compared to last year. </strong>And the remaining variance was driven by multiple factors, including maintenance and depreciation. Cost in U.S.</em></p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 5457597, member: 44954"] [URL unfurl="true"]https://www.fool.com/earnings/call-transcripts/2022/10/25/united-parcel-service-ups-q3-2022-earnings-call-tr/[/URL] [I]Total expense grew 7%. Wages and benefits contributed about 310 basis points of the increase, driven by the annual increase for our Teamster employees that went into effect in August. [B]Fuel drove 220 basis points of the expense growth rate increase due primarily to the rise in price per gallon compared to last year. [/B]And the remaining variance was driven by multiple factors, including maintenance and depreciation. Cost in U.S.[/I] [/QUOTE]
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Diesel fuel shortage: Why is no one talking about this?
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