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There is no straightforward relationship between transport and economic development as the level of impact and its time sequence can vary based on location and socioeconomic characteristics. This leads to five potential relationships:

Source: adapted from Notteboom, T. and J-P Rodrigue (2007) “Re-assessing Port-Hinterland Relationships in the Context of Global Supply Chains”, in J. Wang et al. (eds) Inserting Port-Cities in Global Supply Chains, London: Ashgate. Transport service operations and the associated traffic flows do not take place in a vacuum. Transport markets

Source: World Bank. The transport sector represents about 15% of the total lending performed by the World Bank. However, highways and roads are the dominant recipients of these investments as they are perceived to be one of the highest sources of economic and social returns on investments. This is reflective

To measure the complex economic aspects and expected benefits of transportation, a series of indicators can be used.

Photos: Gregory Levine. Transport investments tend to be depicted as wealth-producing, providing employment, and improving accessibility. Such an assertion must, however, be nuanced by the type of infrastructure and the setting in which the investment takes place. Over this point, the above example of a sidewalk repaving project (City of

A common fallacy in understanding and assessing the economic impacts of transport investments is the lack of consideration of the diminishing returns these investments can face. Three main geographical contexts in which similar transport investments can have different multiplying effects are identified: The impacts of transport investments are thus highly influenced

Source: CPCS Transcom (2010) Analytical Comparative Transport Costs Study Along the Northern Corridor Region. Moving freight inland in developing countries can be a complex and costly endeavor prone to delays since infrastructure issues are compounded by regulatory problems. While a lack of capacity and maintenance of the road system hinders

Source: Adapted from the Economist Intelligence Unit, 2015. For centuries the oceans have been used for fishing, transport, and trade. However, such use remained relatively marginal concerning the bulk of human activities. With globalization, economic growth, and technological innovation, the usage of the oceans for economic purposes has increased substantially.

Containerization is evocative of a standard diffusion curve concerning four major phases:

Colonial (or resource-based) transportation systems were designed to facilitate the extractive nature of colonial economies from the 19th to mid-20th century. They were particularly prevalent in Africa and Latin America. Still, resource-rich countries such as Canada, Russia, and Australia also have parts of their rail transport systems fashioned in such