ABSTRACT

Investors To ensure a good return on investments in transport it is essential to balance the needs of vehicles, tracks and terminals. If money is invested to improve vehicles, it is usually advisable to invest at the same time in tracks and terminals, so that they keep pace with vehicle improvement. For example, there is little purpose in investing in Boeing 707 aircraft, if money is not also spent in building airport runways of the right length and strength. Similarly, it would not be profitable to invest in nuclear-powered shipping without spending a considerable sum of money on port facilities. The ability to balance investment in these three aspects of a transport system depends partly on who controls them. If vehicles, tracks and terminals are controlled by one management then the task is easier.