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WHAT IS THE TRANSPORTATION INDUSTRY?
The transportation sector is an important industry sector in the economy that deals with the movement of people and products. These include companies such as airlines, shipping, railroads, trucking, and logistics firms, as well as those that provide transportation infrastructure.
The Air Transportation sector provides air transportation of passengers and/or cargo using aircraft, such as airplanes and helicopters. This sector distinguishes scheduled from nonscheduled air transportation.
Nonscheduled carriers provide chartered air transportation of passengers, cargo, or specialty flying services.
The water transportation subsector is part of the transportation and warehousing sector.
Industries in the Water Transportation subsector provide water transportation of passengers and cargo using watercraft, such as ships, barges, and boats.
Rail transport makes highly efficient use of space: a double-track rail line can carry more passengers or freight in a given amount of time than a four-lane road.
As a result, rail transport is a major form of public transport in many countries.
The truck transportation subsector is part of the transportation and warehousing sector.
Industries in the Truck Transportation subsector provide over-the-road transportation of cargo using motor vehicles, such as trucks and tractor trailers.
Brokers act as an intermediary between shippers and carriers.
They use their connections with carriers to help shippers get their loads covered at better prices that most shippers have the power to negotiate.