Impact of Oil Price Evolution on Logistics Industry

Since 2020, two major crisis impacted the global environment: the COVID-19 pandemic and the RussiaUkraine war. Both had a major impact on international trade and on the evolution of oil prices which has
a direct effect on the logistics industry. The scope of our paper is to investigate the effects of oil price evolution
on logistics activities, especially transport. Costs of shipment represent an important component of final prices
for consumer products and they can influence the general rate of inflation. This is a major concern among
government officials in all countries, as high inflation rates can have negative effects on national economies.
Our paper is focused on analyzing price trends on each mode of transport, but also prices for integrated
logistics services. The results of our analysis offer insight on the logistic market trends and can be useful to
professionals from companies, bu