Investment Investing in transportation

Phabbyfundz

Active member
in time memorial when they have always been a need to move or carry goods ,services or person from one place or geographical region to another. Former the known means of transportation were either by foot or with a beast of burden for example a horse or camel as the case maybe.
Since the advent of transportation they have come to be in existence other innovative and less stressful means if transportation depending on the one that suits your need at that particular time.
There are different types of transportation in existence today which include air transportation, land and water transportation.
Investing in transportation is a really profitable venture now as with the increase in population and the never ending need for people to commute or get to their destinations on time or see their goods to the place of delivery with ease.
 
D

Deleted member 51169

Guest
Investing on transportation is capital intensive and generate profits astronomically. All that can also be lost in the wind, when you don't have proper management. A management that will checkmate all the fleecing strategies used by employer, mostly the drivers on the road to siphon the companies money. This has been one of the reason, I do not find it ideal to have employers in my business
 

btaliat

VIP Contributor
There are some businesses that are just too essential. Transportation is one of them. People travel from one place to other. And most of these people don't have automobile to be convening them. That is the reason why if one invests in transportation and have good logistics, there must be good returns.
 

ckbarnabas

New member
Moving people and things from place to place is big business, and many different transportation services can take you and your stuff wherever you want. By investing in the transportation of those industries, you can profit from transportation. More than a year after the onset of the COVID-19 pandemic, transports are still reeling from the disruption. Ports are jammed, shipping rates are high, and moving goods from point to point has never been more complicated. The top transportation stocks and explain how best to invest in them in the context of the pandemic.
 

Good luck

Verified member
Transportation business is a very good and lucrative business one can venture in to.A lot of people have succeeded in this business.it is a business that really move in the market.The most important thing is one should just try and insure any vehicle or vehicles one is using for the business.if that one is done then one will be smiling to bank every time.
 

btaliat

VIP Contributor
Some people may even decide not to convey people with their vehicles. At times, they convey goods with their vehicles. They do meet with some farmers who need their agricultural produce to be conveyed from their farm to the markets. This is also a way of generating money for the vehicle owners.
 

Alexandoy

VIP Contributor
The bus owners here get rich from their transportation business. According to one business analyst the bus driver and conductor are paid little. But no one can complain because the method of earnings for a bus is like renting the bus for one day. The driver and conductor has to pay the daily rent of the bus and the remaining earnings will be for them.
 

Sotherefore

VIP Contributor
Transportation business can be profitable over here, about from here it is only profitable in an urban settlement or a location that is highly populated since you can only be able to make money when there is large number of people. You need to register with appropriate government authority before you engage in transportation business
 

btaliat

VIP Contributor
Transportation business can be profitable over here, about from here it is only profitable in an urban settlement or a location that is highly populated since you can only be able to make money when there is large number of people. You need to register with appropriate government authority before you engage in transportation business
That is it and I like the way you view it. Transportation always thrives in the urban area more than the rural areas. There are many people in the urban area than the rural area. And ad you said, before one can make it in transportation without any hassle, there should be proper registration from the government
 

Abigael

Valued Contributor
The transportation industry is truly one of the best ones to invest in right now. Indeed many people face the need to travel everyday. You can invest into giving them a mode of transport. For example, you can choose to offer Transport services within an urban area through buying motorcycles or taxis and hiring people to drive them. Such earns you so much money.
 

Chibson

VIP Contributor
transportation business is a very lucrative business but before you venture into it it is important to have proper knowledge and understanding of how it works. You need to get the best drivers and the locations in which they will be commuting will also have good roads depending on your residence.
 

Sotherefore

VIP Contributor
That is it and I like the way you view it. Transportation always thrives in the urban area more than the rural areas. There are many people in the urban area than the rural area. And ad you said, before one can make it in transportation without any hassle, there should be proper registration from the government
Yes because this can help you to avoid being harassed by road safety officers and other security agents. it is always better for you to do all the necessary verification before you engage into anything so that you will be able to do it confidently without being afraid of any security agents. this is what most people fail understand
 
Top