of Fairfield, California-based MV Transportation Inc. (No. 15 on the BE INDUSTRIAL/SERVICE 100 list with $271.9 million in sales), reports that the post-Katrina rise in fuel prices affected his bottom line to the tune of $9 million. MV Transportation provides public transit, paratransit, and school bus services. “We’re working with the government to try new technology and hybrid vehicles to reduce the dependence on fuel,” he says. It’s hard to predict, Monson says, what the price of fuel will be five years from now.
Firms Skid On Rising Oil And Gas Prices
CEOs struggle to find solutions to meet their bottom lines