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Edited by John R. Bryson and Peter W. Daniels
Chapter 12: Transport Services and the Global Economy: Towards a Seamless Market
12 Transport services and the global economy: towards a seamless market Thomas R. Leinbach and John T. Bowen Introduction The value of both transport infrastructure and services has long been recognized and considered integral to economic development. But over the last decade especially, the role of transport services has become especially critical. As a result of growing eﬃciencies and falling costs, both passenger but especially freight transport services have been major factors in the increased globalization of the world economy (Janelle and Beuthe, 2002). Various adjustments and enhancements, both subtle and conspicuous, to transport services have made an impact on the sector and its relations with the globalization process. Accommodating new technologies, new markets and new organizational structures has required major changes on the part of providers and consumers, whether individuals or ﬁrms. The pressure of competition requires that ﬁrms increasingly be focused upon greater eﬃciency. Essentially this points to the gradual evolution of a ‘seamless’ transport market. The basic notion suggests an environment in which national and modal boundaries neither delay movements nor hinder the choice of the most eﬃcient route and/or modal combination for the movement required (Willoughby, 2000). The liberalization of many national (and increasingly regional and international) transport markets and the innovation dynamics of technology-driven services strongly inﬂuence this drive for seamlessness. This chapter then addresses progress toward a seamless market as well as obstacles and constraints that interfere. The overriding goal is to examine the contributing and contradictory forces that in...
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