The transport industries are a sector of companies who provide services moving people, goods or infrastructure. There are several areas, such as air, freight and logistics, airlines, marine, road and rail.
There are many factors that could affect company earnings within transportation services, and these could include fuel and labour costs, demand for services, geopolitical events and government regulation.
Transport industries rely on fixed installations of infrastructure, such as roads, railways, waterways, canals, pipelines and airways, and of course terminals, including airports, railways stations, and petrol stations. Terminals are used for interchange of passengers, cargo, maintenance and refuelling.
Transportation services have created a lot of jobs, either as bus drivers, taxi drivers, chauffeurs, truck drivers, airline and commercial pilots, merchant mariners, and jobs in water transportation such as captains, mates or deck officers. Operators, conductors, yardmasters, rail yard engineers, mechanics and railroad operators are also some jobs that have been created through the revolution of the transportation industry.
Over the centuries, advancements in transportation and infrastructure have changed how we live and work. We once lived in a society where goods were transported by horse and cart and people settled by the sea because road travel was inefficient! Now companies rely on the speed and efficiency of modern day travel, trading on a global front and expanding their presence and increasing their profits.
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