Final answer:
Transport and Logistics Management is important in today's business environment for ensuring timely delivery, cost savings, and supporting international trade.
Step-by-step explanation:
The importance of Transport and Logistics Management in today's business environment is significant. Firstly, efficient transportation and logistics management ensure smooth and timely delivery of goods and services, which is crucial for maintaining customer satisfaction and loyalty. Secondly, effective supply chain management can lead to cost savings by optimizing routes, minimizing inventory, and reducing transportation expenses. Lastly, transportation and logistics management play a vital role in supporting international trade and globalization, facilitating the movement of goods and enhancing economic growth.