Transportation Problem is an important aspect which has been widely studied in Operations Research domain. It has been studied to simulate different real life problems. In particular,application of this Problem in NP-Hard Problems has a remarkable significance. In this Paper, we present a comparative study of Transportation Problem through Probabilistic and Fuzzy Uncertainties. Fuzzy Logic is a computational paradigm that generalizes classical two-valued logic for reasoning under uncertainty. In order to achieve this,the notation of membership in a set needs to become a matter of degree. By doing this we accomplish two things viz.,(i)ease of describing human knowkedge involving vague concepts and (ii)enhanced ability to develop cost-effective solution to real-world problem. The multi-valued nature of Fuzzy Sets allows handling uncertain and vague information. It is a model-less approach and aclever disguise of Probability Theory.We give comparative simulation results of both approaches and discuss the computational Complexity.To the best of our knowledge, this is the first work on comparative study of Transportation Problem using Probabilistic and Fuzzy Uncertainties