ABSTRACT
On the importance of transportation much has been written, and little need be said to stress further the significance of the vital service rendered by transport in the intricate and interdependent economic organization of modern times. It must not be forgotten that road transport has had a long history and that it has done its full share to help on the progress of civilization. Road transport resembles the railway or the canal, but differs from air or ocean transport in that it is dependent on an artificial highway, though this is not so specialized as the canal or railway track. There are thus two sides to the economic problems of road transportation—the vehicle is useless without the road, and the purpose of the road is to serve the vehicle. There are the economic problems of road usage—the carriage of goods and passengers; and the economics of the various types and systems of road transport.
