Post by
Lingcod on Jun 04, 2023 5:20pm
Margins pressed
Looks like oil going up again, which means gas going up. ADCO distribution
delivery expenses will most likely go up. If they use their vehicles or contract
out, the gas bill will be going up, potentially squeezing the small margins already.
Comment by
Lingcod on Jun 04, 2023 6:25pm
Not true at all. I know the industry as I worked in it. The company that pays the fuel tax is the one paying the freight bill. And if it gets passed to the consumer, with inflation and all, they just stop buying the products or cuts back and that means ADCO has less to ship and less business and less revenues.
Comment by
Lingcod on Jun 04, 2023 6:34pm
No, I am talking about all ltl. Or do you even know what ltl means. No, ADCO just admitted problems with distribution. Your made up numbers on taat sales do not come from taat, do not come from a news release, they come from made up numbers, period.