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Environmental Responsibility and Financial Performance| Implementing Alternative Fuels in Third-Party Logistics Companies

<p> This study involved the use of a quantitative, cross-sectional design to test the tenet of Sustainable Supply Chain Management (SSCM) that connects a logistics organization&rsquo;s ability to adapt to dwindling natural resources and economic sustainability. Through an examination of the correlation of alternative fuel use and the financial measurement of cost as percent of sales in U.S.-based, publicly traded third party logistics (3PL) companies using 2013 financial data, a statistically significant, strong, negative correlation was affirmed, indicating a correlation between alternative fuel use and improved financial performance. The statistical correlation of implementing alternative fuels and financial performance serves to remove the assumed financial barrier to implementing alternative fuels for logistics practitioners in the context of the impending apocalypse of a global $10.2 trillion transportation system that is fueled by oil that will eventually run out. As a field of study, sustainability in logistics has few theoretical frameworks and there is a clear need for quantitative research to evaluate those that do exist. This study addressed the need for research by adding directly to the body of logistics sustainability knowledge, establishing a template for future research, and reaffirming the need for the standardization of non-financial reporting.</p><p>

Identiferoai:union.ndltd.org:PROQUEST/oai:pqdtoai.proquest.com:10669619
Date26 October 2017
CreatorsFreeman, Charles Ellsworth
PublisherArgosy University/San Francisco Bay Area
Source SetsProQuest.com
LanguageEnglish
Detected LanguageEnglish
Typethesis

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