,TRL2602 Assignment 2 (COMPLETE
GUIDELINE) Semester 1 2025 - DUE 22 April
2025
MULTIPLE CHOICE,ASSURED EXCELLENCE
1.1 Discuss the most important factors that determine the
characteristics of transport supply. (15)
1.2 Discuss in detail the function and nature of transport.
Consider the different modes and infrastructure available and
what kind of utility they provide as well as any possible
competitive advantage that can be derived from them in your
discussion. (15)
1.1 The Most Important Factors That Determine the
Characteristics of Transport Supply (15 marks)
Transport supply refers to the availability of transport services
and infrastructure that meet the demand for moving goods and
people. The characteristics of transport supply are determined
by several interrelated factors:
1. Infrastructure Availability
o This includes roads, railways, ports, airports, and
terminals. The extent, condition, and capacity of this
infrastructure greatly affect the level and quality of
transport supply.
2. Transport Mode
, o The characteristics differ by mode: road, rail, air,
water, or pipeline. Each mode has its own cost
structure, speed, flexibility, and capacity.
3. Technology
o Advances in vehicle and infrastructure technology
(e.g., automated vehicles, smart traffic systems, high-
speed rail) affect transport supply by increasing
efficiency, capacity, and reliability.
4. Capital Investment
o The amount of investment in transport infrastructure
and equipment (e.g., trucks, airplanes, ships)
influences the availability and quality of transport
services.
5. Operational Efficiency
o How effectively transport services are managed
impacts supply. Efficient scheduling, maintenance,
and logistics systems improve the reliability and
responsiveness of transport services.
6. Regulatory Environment
o Government policies and regulations (e.g., tariffs,
safety standards, environmental laws) can either
promote or restrict transport supply.
GUIDELINE) Semester 1 2025 - DUE 22 April
2025
MULTIPLE CHOICE,ASSURED EXCELLENCE
1.1 Discuss the most important factors that determine the
characteristics of transport supply. (15)
1.2 Discuss in detail the function and nature of transport.
Consider the different modes and infrastructure available and
what kind of utility they provide as well as any possible
competitive advantage that can be derived from them in your
discussion. (15)
1.1 The Most Important Factors That Determine the
Characteristics of Transport Supply (15 marks)
Transport supply refers to the availability of transport services
and infrastructure that meet the demand for moving goods and
people. The characteristics of transport supply are determined
by several interrelated factors:
1. Infrastructure Availability
o This includes roads, railways, ports, airports, and
terminals. The extent, condition, and capacity of this
infrastructure greatly affect the level and quality of
transport supply.
2. Transport Mode
, o The characteristics differ by mode: road, rail, air,
water, or pipeline. Each mode has its own cost
structure, speed, flexibility, and capacity.
3. Technology
o Advances in vehicle and infrastructure technology
(e.g., automated vehicles, smart traffic systems, high-
speed rail) affect transport supply by increasing
efficiency, capacity, and reliability.
4. Capital Investment
o The amount of investment in transport infrastructure
and equipment (e.g., trucks, airplanes, ships)
influences the availability and quality of transport
services.
5. Operational Efficiency
o How effectively transport services are managed
impacts supply. Efficient scheduling, maintenance,
and logistics systems improve the reliability and
responsiveness of transport services.
6. Regulatory Environment
o Government policies and regulations (e.g., tariffs,
safety standards, environmental laws) can either
promote or restrict transport supply.
