Woolworths, Coles set for cheap fuel boost

 In Australia, Coles, NewZealand, Woolworths
Companies involved in Australia’s biggest supply chains, including Woolworths and Wesfarmers, are poised to benefit from the falling oil price if transport companies such as Toll Holdings pass on fuel savings, analysts say.
Shares in Toll, the nation’s largest logistics company, rallied last month as crude oil prices began their descent, with investors anticipating flow-on effects to the company which has contracts with Woolworths and Wesfarmers’s Coles division.  Sydney Morning Herald – Read more…

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