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Management System of Financial Support of the Automobile Transport

Journal: Collection of Scientific Works of Kirovohrad National Technical University. Economic Sciences (Vol.26, No. 1)

Publication Date:

Authors : ;

Page : 48-56

Keywords : financial security; road transport management system; financial resources; revenue; tariff policy; financial risks;

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The system of financial support of road transport is disclosed in the article. The nature and characteristics, the principles underlying the system of financial management is investigated, the sequence of process of management is considered. The strategic, tactical and operational levels of financial management in the road transport sector have been characterized. It has been emphasized that a qualitative breakthrough in the field of transport is possible under proper funding of new technologies to ensure transportation processes that meet modern requirements and international standards. The main tasks of logistics in the road transport sector have been substantiated. The stages of implementing an effective tariff policy motor company have been determined. The internal and external problems associated with financial support of road transport have been analyzed. It has noted that the logic of the financial provision of road transport is associated with the adoption of balanced and effective solutions in the areas of current assets, loan capital and investment. Ways of improving of the strategy and tactics of the financial provision of road transport have been proposed. Directions of increasing the profitability of transport companies have been substantiated. The mechanisms that neutralize financial risks have been elaborated.

Last modified: 2017-02-09 16:09:51