Essay On Globalisation And Globalization

721 Words2 Pages

The impact of globalisation is that international trade has grown rapidly in recent years and decades resulting in transport volumes growing accordingly. Globalisation is an ongoing process in which economic interaction and trading activity will continie to grow and grow faster in future this because countries are become increasingly geographically unrestricted.
The development of technology supported by different institutions such as governments, economic trading zone (Europeann Union, Africa Union, SADEC, SADC and many others) resulted in increased trading across borders and continents. The impact of technology resulted in the growth of containerisation, tracking and tracing of freight, quicker, faster and more efficient transport vehicle including trucks, airplanes and vessels. The impact has a snowball effect with production efficiencies, increased concsumption as a result of the reduced transport costs which gave the consumer a lower shelf price.
The globalisation of trade also means developing the transport of goods and cargo between countries and the creation of inland infrastructure networks with the support of the government such as railways, road and expanding the ports. Road transport has often appeared to be the most dynamic mode with the initiatives taken by private companies …show more content…

The rise in container cargo and more and bigger vessels visting port resulted in new thinking by other transport modes to move the volumes. In some parts of the world new rail carriges are built carrying two container on top of each other on a railway carriage. Various other new developments that is being used by road transporteds has resulted in changes made by bulk and break bulk transports to be more effective and

Open Document