ABSTRACT
This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book presents the discipline of economics to overcome this difficulty. It discusses the nature of the important economic issues in the transport sector, showing how changes in transport demand and in transport technology have brought about adjustments in the economic structure and in the statutory framework of the sector. The book deals with the various modes of transport. Railways, road haulage, and air transport, are dealt with in their turn. The boundaries around the transport sector are essentially arbitrary. The letter, the telephone call, the electricity grid and the pipeline all compete, with the transport industry proper. The book considers the inland transport modes together to assess the extent to which their organisation and control has in the past, and may in the future, and ensure efficient co-ordination between them in the pursuit of national economic and social objectives.
