Industries

 
   

 

 
     
 
 
 

Introduction

 
 

The transportation industry, which involves carrying passengers and freight, is among the largest employers in the world. The major divisions of the transportation sector are:

  • Infrastructure: This includes the construction and maintenance of roads, canals, terminals, stations, depots and seaports. The ownership of transportation infrastructure could be public or private.

  • Vehicles: It includes the development of various modes of transportation –automobiles, trains, ships and aircrafts.

  • Operations: This encompasses the methods by which vehicles are operated. It also includes their financing and legalities.

Transportation Industry: History

The primary mode of transportation in the early ages (after the invention of the wheel) was animal-driven carts. The Romans were the first to build paved roads. The development of cities across the world led to the growth of shipping. Some major historical inventions that shaped the modern transportation industry are:

Steamboat (1787)

Modern bicycles (1790)

Cable car (1871)

Automobiles (with internal combustion engines) (1885)

Aircraft (1903)

Modern helicopters (1940)

Supersonic jet flight (1947)

Bullet trains (1967)

 

 
 

 

 

 

 
  Sources:
http://www.economywatch.com/world-industries/transportation-industry.html