Following are the important economic functions of transport services
(i) They help in widening the market. This helps in the expansion of national and international trade.
(ii) They facilitate the mobility of men, materials and money and various other resources.
(iii) They help in stabilizing the prices of various products in different regions.
(iv) They help the growth of several industries.
(v) They also function for the benefit of the society because they provide employment and other such services.