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TRL2602 Assignment 2 (COMPLETE GUIDELINE) Semester 1 2025 - DUE 22 April 2025

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Exam (elaborations) TRL2602 Assignment 2 (COMPLETE GUIDELINE) Semester 1 2025 - DUE Course Transport Economics (TRL2602) Institution University Of South Africa (Unisa) Book Transport Economics

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TRL2602 Assignment 2
(COMPLETE GUIDELINE)
Semester 1 2025 - DUE 22
April
NO PLAGIARISM




[Year]

,Assignment Question:

"The characteristics of transport supply are shaped by a combination of technological,
strategic, institutional, and behavioural elements. These factors influence the availability,
quality, and cost-efficiency of transport services, thereby determining how transport
systems function within an economy.

1. Introduction:

Transport supply refers to the capacity and capability of a transportation system to move people
and goods from one location to another. It encompasses the physical infrastructure (such as
roads, railways, ports, and airports), the transportation services provided (like buses, trains, and
freight carriers), and the operational logistics that enable movement. Transport supply is essential
for supporting economic activity, facilitating trade, and connecting communities, and it is
influenced by various technological, strategic, institutional, and behavioural factors.

🌍 Significance of Transport Supply in the Economy

Transport supply plays a crucial role in the economic development of any country. It enables the
efficient movement of goods and people, reduces production and distribution costs, and supports
trade both domestically and internationally. A well-functioning transport system increases
market accessibility, connects producers to consumers, and facilitates economic integration
across regions. Moreover, investment in transport infrastructure can stimulate job creation,
attract foreign investment, and enhance overall productivity. Inadequate or poorly managed
transport supply, on the other hand, can lead to congestion, increased operational costs, delays,
and reduced competitiveness in global markets.

2. Technological Elements:

Advancements in technology play a pivotal role in shaping the efficiency, speed, and capacity of
transport systems. Technology influences not only the physical components of transport—such
as vehicles and infrastructure—but also the communication and control systems that ensure safe
and efficient operations.

Infrastructure improvements, such as the construction of modern highways, high-speed rail
tracks, and expanded airport terminals, enhance transport capacity by accommodating more users
and facilitating faster movement. For example, high-speed rail systems require advanced track
design, electrification, and signalling infrastructure to operate efficiently and safely. Without
these elements, the speed and reliability of rail transport would be significantly reduced.

Vehicle technology has also evolved dramatically. The development of more fuel-efficient
engines, electric and hybrid vehicles, and autonomous transport systems has increased the
reliability and environmental sustainability of both passenger and freight transport. In aviation,
aircraft now rely heavily on sophisticated avionics systems, which include GPS navigation,
automated flight controls, and collision avoidance systems. These advancements allow planes to
fly more safely, quickly, and efficiently, even in challenging weather conditions.

, Communication systems further enhance transport operations. Real-time tracking, traffic
management systems, and digital platforms for ride-sharing and logistics coordination improve
the responsiveness and adaptability of transport services. For example, Intelligent Transport
Systems (ITS) use sensors, GPS, and communication technologies to monitor and manage road
traffic, reducing congestion and travel time.

In summary, technological advancements across infrastructure, vehicles, and communication
systems greatly enhance the performance and capacity of transport networks, enabling more
efficient movement of people and goods in modern economies.

3. Strategic Elements:

Strategic planning and management decisions have a significant impact on transport supply by
shaping how resources are allocated, services are designed, and infrastructure is developed.
These decisions are made by both public authorities and private sector players and aim to
enhance the efficiency, accessibility, and sustainability of transport systems.

One key strategic aspect is route optimization, which involves planning the most efficient paths
for the movement of goods and people. This reduces travel time, fuel consumption, and
operational costs. For example, logistics companies use data-driven software to optimise delivery
routes, ensuring timely deliveries while avoiding traffic congestion and minimising vehicle wear
and tear.

Fleet management is another critical component. Decisions regarding the size, composition, and
maintenance of a transport fleet affect the reliability and availability of transport services. For
instance, a bus company that strategically invests in low-emission, high-capacity vehicles can
provide more frequent and environmentally friendly service, meeting the needs of growing urban
populations.

Strategic decisions also involve investment in infrastructure, such as building new roads,
expanding rail lines, upgrading ports, or modernising airports. These investments increase the
overall capacity of the transport network and can stimulate economic development. For example,
investing in a new highway can reduce congestion, attract business activity, and improve access
to remote areas.

Furthermore, long-term transport planning often aligns with broader national goals, such as
reducing carbon emissions or improving regional integration. For instance, South Africa’s
National Transport Master Plan (NATMAP) aims to guide investment and policy decisions
up to 2050, promoting sustainable and integrated transport systems across the country.

In conclusion, strategic elements such as route planning, fleet management, and infrastructure
investment are essential for ensuring that transport supply meets current demands and future
growth.

4. Institutional Elements:
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