|
|
Article: In the short haul, gas prices help; Local manufacturers and farmers see some benefit from high cost of shipping.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- July 11, 2008
CopyrightCOPYRIGHT 2008 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: CHRIS CHURCHILL - Business writer
Rising gas prices could prove a boon for two distressed parts of the upstate economy: manufacturing and agriculture.
The economic negatives of rising fuel prices have been loudly bemoaned. But less discussed are the positive effect higher transportation costs could have on factories and farms near East Coast markets.
While lettuce from California and T-shirts from China have become modern staples, observers predict rising fuel prices will reorganize transportation networks, with more emphasis placed on products from nearby locations.
New York's apple industry, for example, happily notes that it ...