Transportation is one of the world’s largest industries and is a crucial driver
Of economic growth, poverty reduction, and achievement of the Sustainable Development Goals (SDGs). Efficient Transport networks are central to
improving connectivity and facilitating economic growth. For example, more
than five billion bus journeys are made in the UK annually generating over
£64bn. The USA transport and Logistics sector employs an estimated 8.9
million people accounting for some $671 billion worth of manufactured and
retail goods transported in the U.S.A. alone.
Transport infrastructure and services still need to be made safer, cleaner and
more affordable, particularly in developing countries. Provision of
transportation must respond to increasing urbanization and motorization.
The transport sector must be more responsive to creating long-term skilled
employment, to support the agricultural sector towards achieving food
security as well as adaptation to climate change.