Statistics play a very important role in the balance of the society. The tedious process of keeping records and analyzing them through the use of specially designed tools and techniques is actually very important to the human race. It can be applied in almost every field known to man. The freight and transportation industry is one such field where statistics can be applied fully. There are numerous ways in which statistics can be applied to the freight transportation industry. This explains why it is more than possible to come across a lot of information patterning to statistics of the freight transportation industry. But, what is the point of keeping statistics in the freight transportation industry? Could there be any benefits of such an endeavor? Why does the world keep records patterning to the freight transportation industry?  The following list helps to qualify the major reasons that account for the importance of keeping records in the freight transportation industry.

Keeping Track of the Advancement in Technology

“Advancement in technology has also helped to revolutionize the freight transportation industry.”

Like every industry today, the advancement in technology has also helped to revolutionize the freight transportation industry. A good number of tools and techniques for the transportation of commodities have been developed following the coming of advanced technology. But, the advancement in technology and the subsequent transformation of the freight transportation industry have come with certain costs. In order to justify the need to pay the cost of switching to more advanced freight transportation methods, it is important to keep certain statistics. For example, comparing how quickly goods can be moved nowadays compared to what it was a few decades ago can help to deduce the reliability of the current modes of transportation.

“Monitor the impacts.”

Monitoring the Impacts the Current Changes Have Had on the Freight Transportation Industry

You do not need to be a PHD holder to deduce the various changes that the freight transportation industry has witnessed. There are many changes that have been introduced in the freight transportation industry. Each of these changes has come with an impact of its own. In order to determine whether the impacts of each change have been worth making or not, it is vital to keep certain statistics.

For example, the introduction of the tracking system has revolutionized the manner in which international and even local transportation of goods is carried out. The safety records of the freight industry of this age can be compared to those of the freight industry which existed several decades ago.

In this way, it is possible to tell whether the new changes that have rocked the industry are actually enhancing safety or not. It is also possible to compare the enhancing efficiency of the current freight transportation industry of today with that of the freight transportation industry that existed several years earlier.

Promoting the Well-being of the Environment

Concerns over the impact several modes of transport can have on the environment cannot be brushed aside. Through the use of statistics, it is possible to deduce whether the coming of certain advanced modes of transport is promoting the wellbeing of the environment or not.

The idea to keep statistics of any kind is quite important. This is not shocking considering the fact that statistical records help to improve any society in a number of ways. There are many ways in which this can be possible. As a matter of fact, it can be on a small or a large scale. Irrespective of the scale, the impact of keeping records cannot be overemphasized. This explains why the keeping of statistics is important in all fields, and it has continued to be practiced since time immemorial.

The freight transportation industry is one such field where the keeping of records is practiced extensively. It is a perfect example of a field where a number of records are kept and used for certain purposes. The use depends on the nature and type of information. It also depends on the significance of the records.

Generally, there are many records that are kept today. This applies to all industries around the world including the freight and transportation industry. A good number of records are being kept today for various purposes. Even though all the records that are available today are important, not all of them are as worth keeping as they appear. Most notably, there are certain statistics of the EU’s freight transportation industry which are worth keeping as indicated. These are worth keeping based on the information highlighted in the passage.

Environmental Impacts of the Freight Transportation Industry

“The UE has a number of policies in place which are aimed at promoting the well-being of the environment.”

Like every region in the world, the EU places a lot of importance on the environment. It is very important to use modes of transport that promote the wellbeing of the environment in all possible ways. The UE has a number of policies in place which are aimed at promoting the wellbeing of the environment. In order to monitor the progress of these policies, it is important to keep certain records. Each of the records will help to deduce the effectiveness of the policies, thus enabling the authorities to determine if a change is necessary.

The Safety of the Commodities

The safety of commodities is certainly the priority of the EU as it can have a huge impact on the efficiency of the freight transportation industry and the wellbeing of the regions inhabitants. For this reason, a number of policies have been implemented that are aimed at promoting the safety of commodities. In order to monitor the progress of any policies that are aimed at promoting safety, it is more than important to make reference to the statistics patterning to the security of the freight transportation industry. Therefore, there is every need to keep statistics of this nature for purposes of enhancing the safety of commodities that are transported by the freight transportation industry in the EU.

EU prioritizes safety of commodities.

The Nature and Type of Commodities Being Moved From One Place to Another

This record is quite important as it can help the authorities and even players of the freight transportation industry of the EU to easily know what role they can play as far as improving the transportation of certain commodities is concerned. It can also help some investors to deduce which areas of the freight transportation industry are worth venturing into and which ones are not.

The Most Widely Used Modes of Transport

The freight transportation industry has many modes of transport. This is mainly for purposes of enhancing efficiency and convenience of movement. In order to know whether a certain policy change can be put into effect or not, the policy makers have to know which modes of transport are used most. Suppose there is an investor with prospects of venturing into the freight transportation industry, one can make reference to the records to determine which modes of transport are used most. In business, making a decision in a specific investment is actually a very huge decision. Therefore, it must be made with caution while taking into account any negative outcomes that can come with it. This also applies to the freight transportation industry. Information patterning to how many people use a specific mode of transport can help an investor to make a viable decision especially where making an investment is concerned.