transportation costs

Language: en

📖 Definitions

  1. The expenses incurred in moving goods or people from one location to another, including fuel, labor, vehicle maintenance, and logistics fees.; A component of the total cost of a product or service that covers the logistical movement of items through the supply chain.

💬 Examples

  1. As transportation costs rise due to higher fuel prices, businesses face increased operational expenses, which are often passed on to consumers in the form of higher prices for goods and services.

  2. The company decided to manufacture locally to reduce transportation costs and improve delivery times.