Understanding the transport industry in Guyana

By Rawle Lucas On In Business Review |
LUCAS STOCK INDEX The Lucas Stock Index (LSI) fell 1.65 percent during the fourth period of trading in February 2016. The stocks of six companies were traded with 1,191,587 shares changing hands. There was one Climber and four Tumblers. The stocks of Demerara Tobacco Company (DTC) rose 1.9 percent on the sale of 296 shares. At the same time, the stocks of Banks DIH (DIH) fell 4.29 percent on the sale of 1,045,462 shares; the stocks of Demerara Distillers Limited (DDL) fell 4 percent on the sale of 140,000 shares; the stocks of Guyana Bank for Trade and Industry (BTI) fell 5.81 percent on the sale of 5,000 shares and the stocks of Republic Bank Limited (RBL) fell 0.09 percent on the sale of 200 shares. In the meanwhile, the stocks of Caribbean Container Inc. remained unchanged on the sale of 629 shares.
LUCAS STOCK INDEX The Lucas Stock Index (LSI) fell 1.65 percent during the fourth period of trading in February 2016. The stocks of six companies were traded with 1,191,587 shares changing hands. There was one Climber and four Tumblers. The stocks of Demerara Tobacco Company (DTC) rose 1.9 percent on the sale of 296 shares. At the same time, the stocks of Banks DIH (DIH) fell 4.29 percent on the sale of 1,045,462 shares; the stocks of Demerara Distillers Limited (DDL) fell 4 percent on the sale of 140,000 shares; the stocks of Guyana Bank for Trade and Industry (BTI) fell 5.81 percent on the sale of 5,000 shares and the stocks of Republic Bank Limited (RBL) fell 0.09 percent on the sale of 200 shares. In the meanwhile, the stocks of Caribbean Container Inc. remained unchanged on the sale of 629 shares.

Part 3

Movement of people and goods

The previous sections of this article have sought to show that the road transport market is multidimensional and carries different risks for each income-generating sector of the market. Being the most developed in Guyana, road transport is critical to the movement of people and goods within the country. All sectors depend on road transportation, therefore, it occupies an important part of the supply chain within and across industries. With 20130728rawle's business pagethat reality, the discussion on road transport has focused so far on the private car and the hire-car industry, referring briefly as well as to the in-house and self-service segment of that market. But important components of the industry are the services provided by minibuses and cargo vans and trucks that will be discussed herein and in the final piece on this subject.

Structure of minibus transport industry

Unlike the car segment of the road transport market, the minibus market in Guyana has some special features. Therefore, it would be useful to first describe the structure of the minibus market before discussing its economic and social implications. The minibus market has been segregated into 19 parts. These parts are called routes and give passengers an idea of the geographic spread of the minibus service across the country. The routing system helps to set up the structure of the minibus transport industry and influences the extent of