The Transportation Industry is considered to be cyclical in nature because the revenues and profits of companies operating in this category are directly tied-in with economic booms and recessions. This implies that when the business cycle in a country hits a high, there is tremendous growth in this industry, which also triggers increased employment . This is primarily because whenever the economy of a country is doing well and Gross Domestic Product rates register an increasing trend, there is increased production of goods by the manufacturing industry as well. The underlying reason for this increase in production volumes is increased ...
Essays on Transportation Industry
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Introduction
This paper focuses on Automated Guided Vehicles (AGV), driverless, and autonomous trucks and cars—collectively referred to as “driverless and autonomous vehicles” in this paper. The transportation industry is one of the most important sectors in the world economy. It ensures that goods and services can freely flow within unrestricted (i.e. trade-able) areas. This is allowed through the fast and efficient (as much as possible) of commodities and people. The premise is that the faster and more efficient goods and people can be moved from one point to another, the more booming the transportation industry will be. A booming ...
Air Cargo Ships May Soon Alter Global Supply Chains
Air Cargo Ships May Soon Alter Global Supply Chains
Abstract
Most companies across the world applying sophistication in their supply chain designs are engaging in the use of air cargo as a competitive advantage regardless of the costs incurred. These aspects occur with the reflection that air cargo being perceived expensive in terms of an alternative method for supply chains that rely on ocean transportation. However, the focus on air cargo does not emerge on the basis of the accidents or even crisis situations in the incorporation of logistics strategies to global manufacturers. Research indicates that the focus on air ...
ENGL 303-005: Technical Writing
Feasibility Study on Solutions to efficiently power an electrical vehicle Abstract “Feasibility Study on Solutions to Efficiently Power and Charge Electrical Vehicles” The future of electric vehicles needs to shift toward the use of solar charging stations which can increase the feasibility of electric vehicles outside of urban areas. The solar powered charging stations can revolutionize the way the world views vehicles powered by renewable energy sources. These solar stations can be placed in rural areas which can allow the drivers to store and charge their vehicle, which will minimize the prevalence of vehicles being stranded without access to ...
Electric Transportation for personal, industrial, and public transportation is the largest investment that will prepare for the future financial stability of any utility company. Many utility companies across the globe have already begun the transition and many more will follow. Now is the time to get in on this new technology that is assuredly bound for complete integration into society during this century. The United States has been a leading nation in many technologies, now is the time to lead with electric transportation and the American utility companies can be that leader. Everyone knows that the fossil fuel industry ...
I. Introduction
The transportation industry is a solitary system ranked as one of the most developing industries in the entire world. This is for the main reason that almost all the humans in the globe participate in the industry. In the current world, diverse innovations are conducted in the transport system. This is to ensure that people are able to move and communicate with ease. The whole globe has been reduced into a single village because of the technology innovation in the transport industry (Hibbs, 2000). The transport industry has developed from ancient techniques that where extremely slow to present, fast transport techniques ( ...