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The appraisal of changes in the transport network is one of the most important applications of transport economics. In order to make an assessment of whether any given transport project should be carried out, transport economics can be used to compare the costs of the project with its benefits (both social and financial).
Transport plays an important part in economic growth and globalization, but most types cause air pollution and use large amounts of land. While it is heavily subsidized by governments, good planning of transport is essential to make traffic flow and restrain urban sprawl .
In 2014, freight transportation establishments serving for-hire transportation and warehousing operations employed nearly 4.6 million workers and comprised 9.5 percent of the Nation's economic activity as measured by GDP. Truck driving is by far the largest freight transportation occupation, with approximately 2.83 million truck drivers.
In the United Kingdom, transport planning has traditionally been a branch of civil engineering. [citation needed] In the 1950s and the 1960s, it was generally believed that the motor car was an important element in the future of transport as economic growth spurred on car ownership figures. The role of the transport planner was to match ...
The term sustainable transport came into use as a logical follow-on from sustainable development, and is used to describe modes of transport, and systems of transport planning, which are consistent with wider concerns of sustainability.
Aug. 25—The Importance of Clean School Transportation (Family Features) Across the country, more than 25 million children ride to school each day in school buses, most of which are powered by ...
On average 13.2% of every household's budget is spent on transport, which still depends heavily on fossil fuels and represents an important source of CO 2 emissions. [1] [2] Emissions from road freight transport have risen by more than 20% since 1995, counterweighting the increased energy efficiency of vehicles. [3]
An important social role played by public transport is to ensure that all members of society are able to travel without walking or cycling, not just those with a driving license and access to an automobile—which include groups such as the young, the old, the poor, those with medical conditions, and people banned from driving.