The paper investigates two hypotheses on a potential relationship between stock performance of logistics service providers and the price development for oil, seen as crucial cost factor in particular for transportation. A global peer group of 307 companies is analyzed for a period of ten years. Additionally the authors provide a more differentiated analysis into single modes of transportation on track, road, and water. It becomes apparent that only in short periods of times, the financial performance of logistics service providers declines as the oil price rises but in the long run, the oil price and the stocks develop fairly evenly.
|Translated title of the contribution||Relationship between Oil Price Developments and the Stock Performance of Logistics Service Providers|
|Journal||BFuP - Betriebswirtschaftliche Forschung und Praxis|
|Publication status||Published - 2017|