Transport Engineering Economics and Logistics

Have you ever thought to what extent each of us is dependent on transport and logistics business? It has been estimated that in case of logistics distribution chain failure it will take no longer than one week for the society to become helpless: already on the first day of this "disaster", global post would stop providing their services and we would suffer a lack of fresh food; on the second day, ATM would stop any cash withdrawals, soon the humanity would suffer a deficit of fuel, the greatest part of enterprises would terminate their activities, and health service system would collapse.
Transport engineering economics and logistics helps avoid the total collapse. In Lithuania, this activity produces about 14 per cent of GDP, while the demand for qualified specialists in this field is far from decreasing. Such specialists are able to ensure the needed goods or services reach the consumers in time, in the required quantities, of a needed quality at the desirable price.
Transport Engineering Economics and Logistics study programme provides knowledge of logistics, transport management, business, finance, and economics. In addition, it fosters and develops organizational and international cargo transportation skills, produce and goods allocation skills, ability to apply knowledge in market research, planning and activities supervision skills in any area of high profile service and quality provision at a reasonable price.
Transport engineering economics and logistics is one of the fields, the specialists of which will always be in demand, as their aim is to supply goods and services in a timely and streamlined manner. This market needs well-educated specialists, able to develop and implement the necessary processes. Such specialists are able to find the cost-efficient, fastest, and most profitable solutions. They have skills and abilities to manage risks, react to global market trends, and adhere to sustainable environment principles.