Sunday 19 February 2017

The transport industry

The transport industry is an industry that differs from many other industries. The sectors in this industry are always started from the demand from other sectors, and the first investment often comes from a large organisation or a few wealthy groups. For example, shipping was originally organised by some large merchants, then when the Western countries started to colonise other parts of the earth, some of these ships were bought by royal families and lent to companies or individuals. In the modern eras, some large airway companies were firstly founded as nationalised companies or state managed companies. These are all because the initial investment of the transport industry is enormous, that only the top wealthy groups and countries can afford such costs. Moreover, transport has an important role playing in wars, this is another reason why governments want to have control over the transport sector and almost all governments have departments of transport. In addition, transport means a lot to our civilisation. It increases productivity and provides more and faster accesses to resources and during the civilisation, transport actually provided the Western countries with more resources and land in other continents. There is a modern transport company that may have the similar meaning. If SpaceX is possible to let our human beings land on Mars, we definitely gain much more resources and land. The investment in the transport sector will always continue, while different sectors will be distributed with different amounts of resources, it usually starts with relatively fewer resources, as investors want to see the actual returns of their investment. Once it has been proved as a successful product, the investment will then increase rapidly, some large investors including governments will step in. After a while, the public funding will leave the sector, and the sector will be privatised.

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