Global transportation issues and challenges Thesis

Global transportation issues and challenges - Thesis Example nges and issues in the transportation industry that require consideration and concentration to build a better transportation industry throughout the world. The study utilized a quantitative methodology, distributing a survey to real-world sector professionals which was underpinned by the various challenges and problems uncovered in an exploration of industry reports and existing empirical research. In total, responses from 28 professionals in the trucking sector were collected. Based on all secondary and primary findings, the study found that the most dominant and extreme challenges in the transportation industry include gas tax burdens, technology resistance, infrastructure quality and integrity, driver shortages in the trucking sector, environmental regulation non-compliance and congestion. Significant challenges identified through research included maritime sector return on investment and market volatility, and problems with multilateral agency cooperation to achieve effective sus tainable transportation. The study further proposes a series of recommendations to potentially mitigate the most significant and extreme challenges for the industry. Transport is one of the most crucial activities in society, which is a necessity for establishing a developed and thriving civilization. Regardless of whether transport occurs by sea, land or air, there is an excess of complicated challenges that must be considered and overcome in order to ensure that citizens maintain opportunities for mobility, to reduce costs within this sector, and ensure the establishment of positive and thriving trade. In today’s developed economies, customers demand products and services that have been produced in countries throughout the world, such as wine from South Africa or even inexpensive computing systems from Korea (De Nazareth, 2011); to name only a few demands. This makes the establishment of a quality transportation infrastructure substantially critical to meet the complex and

Question 2 Assignment Example | Topics and Well Written Essays - 250 words

Question 2 - Assignment Example While there are reported some positive trends during the recent years including enhancement of the entrepreneurial environment in the country (Roberts 2012), there still are some critical zones that make business environment less attractive. Thus, for example, based on the infrastructure, red tape, corporate governance, corruption and crime criteria, Philippines is ranked in the last position comparing with Indonesia, Malaysia, and Thailand (Escribano et al, 2009). Moreover, Philippines fail to protect the investors and there are more difficulties in obtaining credits than in its Asian neighbor countries. In terms of attraction of foreign direct investment to the economics of Philippines, there also exist some formal and informal barriers imposed by government combined with weak judicial system and corruption (Roberts, 2012). All these factors make Philippines less desired destination for multinational corporations and foreign direct investments. Based on the recent World Bankâ€℠¢ survey results, Philippines fall toward the bottom of the ranking of business-friendly environment (Lesher, & Plummer 2011). However, despite even its unfavorable investment climate, according to the UNCTAD, in the first half of 2013 there was recorded the second biggest FDI inflow to the Philippines among ASEAN countries (Malinao, 2013). Escribano, A., Guasch, J., de Orte, M., & Pena, J. (2009). Investment Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand: Results from Pooling Firm-Level Data.  Singapore Economic Review,  54(3),