Tamilnadu Samacheer Kalvi 11th Commerce Notes Chapter 14 Transportation Notes
→ The term ‘transport’ includes all the clerical, mental and manual occupation involved in the operation of road, rail, canal, sea and air transport.
→ According to K.K. Saxena, ’’the transport system acts with reference to the area it serves in the same way as a candle does in a dark room”.
→ Transport of people and goods by land vehicles is known as land transport. It is also called as ‘Surface Transport’.
→ Pathways Transport is the oldest form of transport found in hilly areas, forest areas and in remote places.
→ Road Transport is one of the most promising and potent means suitable for short and medium distances
→ The invention of steam engine by James Watt, revolutionized the mode of transport all over the world.
→ The Indian Nationwide network, the 4th longest in the world, is owned and operated by State-Owned Indian Railways and includes an operating route length of more than 65,000 Kms.
→ Metro Rail is a convenient, fast, efficient, reliable, comfortable mode of urban transport.
→ A monorail is like a train, but instead of having two sets of wheels that balances on a railway track, the monorail is balanced on top of one rail.
→ A Ropeway is another means of transport in naval lifting device.
→ Hyper loop is a proposed system of transport that would see pods or containers travel at high level speed through a tube that has been pumped into a near vacuum.
→ Water transport is the process of moving people, goods, etc., by barge, boat, ship or sailboat over a sea, ocean, lake, canal, river, etc.
→ Inland Waterways comprise of rivers, canals and lakes. It is also known as internal water transport.
→ Ocean transport has been playing a significant role in development of economic, social and cultural relations among countries of the world.
→ Coastal shipping constitutes an important means of transport in all countries having a long coastline.
→ Commercial air transport is now one of the most prominent modes of overseas transport.
→ Railway Receipt is an acknowledgement of receipt of goods by the railway for transporting.
→ The document through which this contract is made is known as ‘Charter Party’ may also be known as‘Voyage Charter’or‘Time Charter’.
→ Bill of Lading is a document containing the terms and conditions of the contract of carriage.
→ A common carrier is a person, who is engaged in the business of carrying goods for hire indiscriminately for all persons.