Problems in the North American Transportation Industry

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Problems in the North American Transportation Industry Name Institution Affiliation Abstract The transportation industry is a key component in the development of the economy of any particular region. It influences other industries such as agriculture, touring, trade among others. It also influences the social-economic development objectives such as employment, production, property values, business activities, and investment and tax revenues. For this reason, it is essential for any region to deal with the challenges that arise in the transport industry and develop appropriate solutions to the difficulties as to safeguard the economy. The purpose of this research is to provide an overview of North America transport problems and logistics challenges as well as provide the possible solution to the challenges. The focus of the paper will be on the major countries within the North American region which include the USA, Canada, Mexico, Nicaragua, Bahamas, Costa Rica among others. The main challenges addressed in the paper are non-reliable and non-resilient systems, losses as a result of accidents, poor development patterns, natural hazards such as volcanoes and fires, complex inter-modal sequences, over dependency on road transport, and language barriers. Introduction The transportation industry is a key component in the development of the economy of any particular region. It influences other industries such as agriculture, touring, trade among others. It also influences the social-economic development objectives such as employment, production, property values, business activities, and investment and tax revenues. In the North American region, the expansion of

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