Fueling a crisis: How war with Iran is impacting airlines, trucking industries in Memphis
Surging gas prices have had an effect on airlines and trucking companies. (The Daily Memphian file)
As the war with Iran enters its third month, many news reports have focused on how the blockade of the Strait of Hormuz has caused gas prices for motorists to spike nationwide.
And while those impacts are considerable, rising fuel prices are impacting major industries, including airlines, trucking and logistics companies.
No matter the business, the pump remains a good indicator for how the war is impacting consumers, said Capt. Kimberly Coryat, aviation program coordinator at the University of Memphis.
This is an excerpt of this story. To read more, please click here and subscribe.
Topics
Iran gas prices airlines Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
Did you know we are a 501(c)3 nonprofit news organization? We rely on a mix of revenue from subscriptions (50%), advertising, events and other earned income (25%) and fundraising (25%).
Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today.
👉🏽 Your subscription pays for you to read all our journalism.
👉🏽 Your donation powers the work we do to reach everyone else with the news.
We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now.
Steve Bohnel
Steve Bohnel is a Temple University graduate, originally from Bucks County, Pennsylvania. He’s worked at news organizations in Iowa, Maryland and Pittsburgh, covering local and state politics. He covers health care, transportation and logistics, public companies, banking and finance and technology. He is an avid traveler, an Everton F.C. and Philadelphia sports fan, and likes collecting records and biking around town.
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.