TRL2602
Assignment 2
Semester 2 2025
Due 2025
, TRL2602
Assignment 2
Semester 2 2025
Due 2025
Transport Economics
Question 1.1 Discuss the most important factors that determine the characteristics of
transport supply. (15)
Transport supply refers to the capacity and capability of transport systems to facilitate
the movement of goods and people. Its characteristics are shaped by a range of
interdependent factors that influence efficiency, accessibility, cost, and sustainability.
1. Infrastructure
The availability, quality, and integration of infrastructure—such as roads, railways, ports,
and airports—play a decisive role in shaping transport supply. Efficient infrastructure
reduces travel times, enhances reliability, and expands capacity. For instance,
intermodal terminals that connect road, rail, and maritime networks significantly improve
logistics performance (Rodrigue, 2020).
2. Technology
Technological advancements transform transport supply by enhancing operational
efficiency and service quality. Innovations such as real-time tracking systems, electric
vehicles, and high-speed rail improve reliability, reduce costs, and align transport with
sustainability goals (Button, 2017). Technology also enables digital platforms that
optimize routes and match demand with supply.
Assignment 2
Semester 2 2025
Due 2025
, TRL2602
Assignment 2
Semester 2 2025
Due 2025
Transport Economics
Question 1.1 Discuss the most important factors that determine the characteristics of
transport supply. (15)
Transport supply refers to the capacity and capability of transport systems to facilitate
the movement of goods and people. Its characteristics are shaped by a range of
interdependent factors that influence efficiency, accessibility, cost, and sustainability.
1. Infrastructure
The availability, quality, and integration of infrastructure—such as roads, railways, ports,
and airports—play a decisive role in shaping transport supply. Efficient infrastructure
reduces travel times, enhances reliability, and expands capacity. For instance,
intermodal terminals that connect road, rail, and maritime networks significantly improve
logistics performance (Rodrigue, 2020).
2. Technology
Technological advancements transform transport supply by enhancing operational
efficiency and service quality. Innovations such as real-time tracking systems, electric
vehicles, and high-speed rail improve reliability, reduce costs, and align transport with
sustainability goals (Button, 2017). Technology also enables digital platforms that
optimize routes and match demand with supply.
