Transportation Industry

Definition

The transportation industry involves moving people or goods from one location to another via various modes such as roadways, airways, waterways, railways etc.

Analogy

Consider it like a school bus system. Just as buses take students from their homes (one location) to school (another location), the transportation industry moves people and goods from one place to another.

Related terms

Infrastructure: The basic physical structures and facilities needed for the operation of a society or enterprise, such as roads, bridges, airports etc.

Logistics: The detailed coordination of complex operations involving many people, facilities or supplies; often related to the transportation of goods.

Intermodal Transportation: This involves using two or more modes of transportation in moving persons or goods from one place to another.