International Journal of Advanced Studies (Mar 2022)
STATE OF TRANSPORT INDUSTRY OF RUSSIA AND MAIN TRENDS OF ITS DEVELOPMENT
Abstract
The transport industry is the most important branch of the Russian economy. A significant part of the population is employed in the industry, it creates a significant amount of national income. An analysis of the most important indicators of the industry for 2018–2020 was carried out. To identify trends in the development of the transport industry, a detailed analysis was carried out in the following areas: freight transportation, passenger transportation, the length of transport routes, the presence of freight and passenger vehicles. An increase in transportation indicators, an increase in the length of public roads, a decrease in the availability of almost all types of vehicles were revealed. All indicators were adversely affected by pandemic-related constraints. At the same time, the economy of the country needs the development of the industry under consideration. Supporting the state and removing obstacles will allow the industry to develop. The goal is to review the state of the transport industry of Russia and identify the main trends in its development. Method or methodology of work: the study used general scientific methods – statistical, comparative analysis, logical generalizations. Results: The current state of Transportation and Storage industry is assessed and some trends of its development are shown. Field of application of the results: the obtained results can be used by economic entities in the field of transport organization.
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