Transport
Transport refers to the activity that facilitates physical
movement of goods as well as individuals from one place to another. In
business, it is considered as an auxiliary to trade, that means, it supports
trade and industry in carrying raw materials to the place of production and
distributing finished products for consumption. Individuals or business firms
that engage themselves in such activities are called transporters. Generally,
transporters carry raw material, finished products, passengers, etc. from one
place to another. So it removes the distance barrier. Now-a-days goods produced
at one place are readily available at distant places. People move freely
throughout the world because of transport. It is associated with every step of
our life. Without transport, we, as well as business units cannot move a singe
step. Let us discuss its importance.
Modes of Transport
We find that basically transport is possible through land,
air or water, which are called the different modes of transport. On land we use
trucks, tractors, etc., to carry goods; train, bus, cars etc. to carry
passengers. In air, we find aeroplanes, helicopters to carry passengers as well
as goods. Similarly in water we find ships, steamers, etc., to carry goods and passengers.
All these are known as various means of transport. Let us discuss about various
modes of transport. The modes of transport can be broadly divided into three
categories: Land transport, Water transport and Air transport.
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