Strategic Role of Transport in the Economy

Paper Summary:

In this article, the writer examines the strategic role of transport in the economy. The critical function of transportation to the economy is explained. This paper discusses supply chain management as it relates to this issue. The writer looks at inter-modal and multi-modal transport. The subject matters of telecommuting, intelligent transport and alternative fuels are also discussed in this paper.

From the Paper:

"It is almost universally accepted that transport has played a predominant role in the economic development of all modern civilizations. Production and consumption on the scale and tempo of today would be inconceivable without a well-developed and operated transport system forming a vital link in supply chain management logistics. Transport plays a critical part in the success of any city's economy. Since the purpose of an effective ... "

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