Globalization as a Driver of Added Value

Globalization can be a driver of added value through four main processes: Research and development. Expanded competitive pressures provide additional incentives to innovate, particularly through new products, materials, and manufacturing techniques. Input costs. Expanded opportunities are available to find locations reducing input costs such as labor, raw materials, capital (taxation,

Digital Mobility as a Service

Source: adapted from International Transport Forum (2018) Blockchain and Beyond: Encoding 21st Century Transport, Paris: OECD. The term mobility as a service (or the digitalization of mobility) is used to label the bundling of transportation services to users through an information technology platform. Conventionally, transportation service providers tended to operate within their respective

Forms of Transport Automation

Source: Vehicle automation adapted from Eno Center for Transportation. Transport automation considers the range of technologies and control systems that can be implemented for transportation modes such as automobiles and trucks, but also at terminals such as ports, airports, and distribution centers. While automobile automation has received a lot of attention,

Expected Benefits of Blockchains on Supply Chains

The potential application of blockchain technology to supply chains can be associated with a series of expected benefits: Velocity of supply chains. This is particularly the outcome of faster transactions, such as payments, which are a common cause of delays. There is less latency in the system, benefiting the cash

B.7 – Tourism and Transport

Author: Dr. Jean-Paul Rodrigue Tourism, as an economic activity, relies on transportation to bring tourists to destinations, and transportation can be part of the touristic experience. 1. The Emergence of the Tourism Industry Since the 1970s where tourism became increasingly affordable, the number of international tourists has more than doubled.

B.22 – Rail Deregulation in the United States

Author: Dr. Brian Slack 1. Introduction Rail deregulation in the United States is a good example of how a policy shift can produce significant changes in the economic health of an industry, and how its structure may be changed. In the United States, the rail industry has since its inception