The transport sector is an important industrial sector in the economy that deals with the movement of people and products. These include companies such as airlines, trucks, railways, shipping and logistics companies, as well as those that provide transportation infrastructure. The transport sector is a part of the economy that deals with transport-related businesses. Many investors like to invest money in the transportation sector by buying shares in companies in those industries.
This sector is needed at all times to deliver goods and passengers to other areas. Despite being considered a necessity, its success is inversely affected by oil prices in most cases. Industries in the Trucking subsector offer road freight transport using motor vehicles, such as trucks and tractor trailers. The subsector is subdivided into general cargo transportation and specialized cargo transportation.
This distinction reflects differences in equipment used, type of cargo carried, schedule, terminal and other network services. General cargo facilities handle a wide variety of general goods, usually palletized, and transported in a container or van trailer. Specialized cargo transportation is cargo transportation that, due to its size, weight, shape or other inherent characteristics, requires specialized equipment for transportation. The transport and storage sector is part of the trade, transport and utilities supersector.
A number of specific subsectors are included in the transport category, including air, rail, maritime, truck, transit and land, landscapes and tourism, and support activities. Transportation companies are needed to transport consumer goods from manufacturers to wholesalers and retailers. Investors could even buy corporate bonds issued by transport companies for another investment option. For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for trucking.
The transportation and storage sector includes industries that provide passenger and cargo transportation, storage and storage of goods, scenic and tourist transport, and support activities related to modes of transport. The Transport Systems Sector Specific Plan details how the risk management framework of the National Infrastructure Protection Plan is implemented in the context of the sector's unique characteristics and risk landscape. For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for transportation and storage. Establishments in these industries use transportation equipment or transport-related facilities as a productive asset.
These categories and subcategories are comprised of private and public companies, such as airlines, transportation and transportation services, and other essential transportation companies that keep the United States moving. The department of homeland security and the Department of Transportation are designated as co-sectoral risk management agencies for the transportation systems industry. Air transport plays a vital role for international travelers, making the world accessible like never before. The transportation industry includes companies that move people, products, and other goods across the United States to various destinations, and it takes millions of workers to make that possible.
For resources available to Transportation Systems Industry partners, visit the Department of Transportation website or the Transportation Security Administration website. .