Monday, October 30, 2006

Managing Fuel Costs: Cost control for trucking, and maybe farming?

Managing Fuel Costs

This post from ManFinancial suggests using futures to smooth out fuel price fluctuation. Hedging your cost side. Likely not a option for smaller operations. That would depend on the size of the contracts. It could work for farms, again depending on the size of the contract. I e-mailed the company to find out