Transportation | Road, Air, Water, Rail, Importance & Forms

Transportation serves as a crucial facilitator of trade and commerce, encompassing the movement of people and goods across various modes such as water, road, rail, and air.   Significance of Transportation: Facilitation of Goods and People Movement: Enables quick and efficient distribution of goods within a country. Encourages trade between different nations.   Improved Standard […]

Transportation serves as a crucial facilitator of trade and commerce, encompassing the movement of people and goods across various modes such as water, road, rail, and air.

 

Significance of Transportation:

  1. Facilitation of Goods and People Movement:
    1. Enables quick and efficient distribution of goods within a country.
    2. Encourages trade between different nations.

 

  1. Improved Standard of Living:

Enhances the standard of living by ensuring timely availability of goods and services.

 

  1. Employment Opportunities:

Creates job opportunities, allowing people to earn a livelihood.

 

  1. Expansion of Market Reach:

Widens the market for firms, promoting the sale of goods and services.

 

  1. Encouragement of International Trade:

Promotes and facilitates international trading activities through air and sea transport.

 

  1. Prevention of Perishable Goods Wastage:

Efficient transport systems prevent wastage by ensuring the quick distribution of perishable goods to areas of demand.

 

  1. Movement of Productive Resources:

Facilitates the movement of productive resources to areas where they can be optimally utilized.

 

Forms of Transportation:

There are four major forms of transportation:

  1. Transportation by land
  2. Transportation by rail
  3. Transportation by water
  4. Transportation by air

 

Land Transportation:

This involves the movement of people and goods on land and is the most common means, particularly in domestic trade. It includes road and rail transportation.

 

Road Transportation:

  1. Common in linking towns and villages in Nigeria.
  2. Utilizes various means such as bicycles, cars, lorries, tankers, motorcycles, buses, and trailers.

 

Advantages of Road Transportation:

  1. Covers all parts of the country.
  2. Suitable for transporting perishable goods.
  3. Does not require specialized routes.

 

Disadvantages of Road Transportation:

  1. Faces traffic congestion.
  2. Slower over long distances.
  3. High accident rates.

 

Transportation by Rail:

  1. Involves trains operating on specially made rail routes.
  2. Although slower, it is less risky compared to road transport.
  3. Governed by the Nigeria Railway Corporation (NRC) in Nigeria, categorizing trains into passenger and cargo classes.

Related Posts:

Nigeria Airport Authority (NAA)

Nigeria Port Authority (NPA)

Export Promotion Council

Custom And Excise Authority

Documents Used In Foreign Trade

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