Business

Transport systems are the arteries of modern economies. They enable the movement of people, goods, and services, underpinning economic growth, social inclusion, and national competitiveness. Whether it is highways connecting rural and urban areas, railways linking industrial hubs, or airports and seaports facilitating global trade, the effectiveness of a nation’s transport system is closely tied […]

Transport is often thought of in physical terms — trucks on highways, ships crossing oceans, trains moving through cities. Yet behind these physical movements lies a complex economic framework that determines how goods are priced, how profits are made, and where risks lie. Transport economics is the study of these forces, examining the costs, revenues,