On Jun 5, 2008 Portfolio.com published an articled titled, "The Energy Squeeze" by Adam Piore in which American Small Business League (ASBL) President Lloyd Chapman stated,
"Indeed, the squeeze is felt especially hard by owners of small businesses because many operate with smaller profit margins and tougher competition, forcing difficult choices," says Lloyd Chapman, president of the American Small Business League.
"It's having a noticeable negative impact-and on small business in the transportation industry, it's a devastating impact," says Chapman, whose organization serves Chambers of Commerce nationwide. "Truckers in Southern California are going into Mexico to buy diesel fuel. It's putting a big strain on employers: They're having problems with employees getting to work on time because they have to ride public transportation. And if U.P.S. starts charging more, that will hurt everyone."
To read the entire article please visit: http://www.portfolio.com/news-markets/national-news/portfolio/2008/06/05/Energy-Costs-Squeeze-Small-Business