Question 1

Who are the owners the greatest percentage of rolling stock in use?

Accepted Answer

A)  class I railroads 
B)  federal government for military moves 
C)  private car leasing firms and shippers 
D)  investment and financial firms 
A)  class I railroads 
B)  federal government for military moves 
C)  private car leasing firms and shippers 
D)  investment and financial firms A

Question 2

Which type of railroad car has the greatest numbers in service?

Accepted Answer

A)  tank car 
B)  covered hopper 
C)  flat car 
D)  Gondola 
A)  tank car 
B)  covered hopper 
C)  flat car 
D)  Gondola B

Question 3

What are mergers called that eliminate duplicate rail lines?

Accepted Answer

Side by side

Question 4

Piggyback service was designed for increase service levels to intermodal customers.What are the characteristics of this traffic?

Accepted Answer

Intermodal traffic has been increasing a

Question 5

What percentage of rail revenue is earned by local carriers?

Accepted Answer

A)  2.1 Percent 
B)  1.8 Percent 
C)  2.6 Percent 
D)  28 Percent 
A)  2.1 Percent 
B)  1.8 Percent 
C)  2.6 Percent 
D)  28 Percent

Question 6

Which is a major reason for the decline in the number of rail companies?

Accepted Answer

A)  mergers and unification occurring in the railroad industry 
B)  government restrictions on rail ownership 
C)  loss of business to other modes 
D)  desire of management to invest in other areas of business 
A)  mergers and unification occurring in the railroad industry 
B)  government restrictions on rail ownership 
C)  loss of business to other modes 
D)  desire of management to invest in other areas of business

Question 7

What is the difference between TOFC and COFC service?

Accepted Answer

A)  TOFC is slower and cheaper 
B)  not all railroads can handle COFC 
C)  that COFC is more costly 
D)  one method moves the trailer on its wheels and the other moves only the "box" or the container. 
A)  TOFC is slower and cheaper 
B)  not all railroads can handle COFC 
C)  that COFC is more costly 
D)  one method moves the trailer on its wheels and the other moves only the "box" or the container.

Question 8

When did scheduled common carrier freight and passenger service begin in the U.S.?

Accepted Answer

A)  1918 
B)  1868 
C)  1789 
D)  1830 
A)  1918 
B)  1868 
C)  1789 
D)  1830

Question 9

What led to the erosion of rail dominance in U.S.transportation?

Accepted Answer

A)  Passenger air service in the 1920s 
B)  Government funded construction of roads 
C)  Steel price increase 
D)  Coal price increase 
A)  Passenger air service in the 1920s 
B)  Government funded construction of roads 
C)  Steel price increase 
D)  Coal price increase

Question 10

As of 2012 what was the return on investment in the rail industry?

Accepted Answer

The answer of As of 2012 what was the return...

Question 11

Which best characterizes the short-run cost structure of the railroads?

Accepted Answer

A)  low variable costs, high direct separable costs 
B)  low fixed costs, low variable costs 
C)  low joint costs, high separable costs 
D)  large proportion of indirect fixed costs 
A)  low variable costs, high direct separable costs 
B)  low fixed costs, low variable costs 
C)  low joint costs, high separable costs 
D)  large proportion of indirect fixed costs

Question 12

What is a "unit train" and what are the advantages and disadvantages of unit trains?

Accepted Answer

The unit train is a train that specializ

Question 13

What types of mergers occurred in the rail industry? What has been the result of this activity after the passage of the Staggers Rail Act?

Accepted Answer

The first mergers were mergers of rail c

Question 14

Railroad carloadings have declined since 1900.What is the primary reason for the decline?

Accepted Answer

A)  competition by foreign transportation 
B)  fuel efficient smaller cars 
C)  reduction in line trackage 
D)  larger cars and increasing car productivity 
A)  competition by foreign transportation 
B)  fuel efficient smaller cars 
C)  reduction in line trackage 
D)  larger cars and increasing car productivity

Question 15

The basic unit of measurement for railroad freight handling is known as the:

Accepted Answer

A)  unit load. 
B)  Carload 
C)  freight load. 
D)  capacity load. 
A)  unit load. 
B)  Carload 
C)  freight load. 
D)  capacity load.

Question 16

How many rail mergers have occurred in the last 30 years?

Accepted Answer

A)  15 
B)  50 
C)  28 
D)  18 
A)  15 
B)  50 
C)  28 
D)  18

Question 17

What was the purpose of the legislation which created Amtrak?

Accepted Answer

A)  It relieved railroads from the responsibility of providing passenger service 
B)  It allowed the government to provide service without concern for profit 
C)  It allowed the states to take over commuter service 
D)  It allowed the railroads to get rid of track that was only used by passenger trains 
A)  It relieved railroads from the responsibility of providing passenger service 
B)  It allowed the government to provide service without concern for profit 
C)  It allowed the states to take over commuter service 
D)  It allowed the railroads to get rid of track that was only used by passenger trains

Question 18

Standard track gauge is defined as?

Accepted Answer

The distance between

Question 19

Discuss some of the elements of rail road industry's cost structure

Accepted Answer

The rail industry cost structure is base

Question 20

One of the benefits of a railroad merger is:

Accepted Answer

A)  there are fewer grade crossings 
B)  less frequent interchanges between companies means faster service 
C)  cities and towns get back land once used for railroads 
D)  The STB does not have as many companies to regulate. 
A)  there are fewer grade crossings 
B)  less frequent interchanges between companies means faster service 
C)  cities and towns get back land once used for railroads 
D)  The STB does not have as many companies to regulate.

Who are the owners the greatest percentage of rolling stock in use?

Which type of railroad car has the greatest numbers in service?

What are mergers called that eliminate duplicate rail lines?

Piggyback service was designed for increase service levels to intermodal customers.What are the characteristics of this traffic?

What percentage of rail revenue is earned by local carriers?

Which is a major reason for the decline in the number of rail companies?

What is the difference between TOFC and COFC service?

When did scheduled common carrier freight and passenger service begin in the U.S.?

What led to the erosion of rail dominance in U.S.transportation?

As of 2012 what was the return on investment in the rail industry?

Which best characterizes the short-run cost structure of the railroads?

What is a "unit train" and what are the advantages and disadvantages of unit trains?

What types of mergers occurred in the rail industry? What has been the result of this activity after the passage of the Staggers Rail Act?

Railroad carloadings have declined since 1900.What is the primary reason for the decline?

The basic unit of measurement for railroad freight handling is known as the:

How many rail mergers have occurred in the last 30 years?

What was the purpose of the legislation which created Amtrak?

Standard track gauge is defined as?

Discuss some of the elements of rail road industry's cost structure

One of the benefits of a railroad merger is:

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Exam 6: Railroads

Who are the owners the greatest percentage of rolling stock in use?

Which type of railroad car has the greatest numbers in service?

What are mergers called that eliminate duplicate rail lines?

Piggyback service was designed for increase service levels to intermodal customers.What are the characteristics of this traffic?

What percentage of rail revenue is earned by local carriers?

Which is a major reason for the decline in the number of rail companies?

What is the difference between TOFC and COFC service?

When did scheduled common carrier freight and passenger service begin in the U.S.?

What led to the erosion of rail dominance in U.S.transportation?

As of 2012 what was the return on investment in the rail industry?

Which best characterizes the short-run cost structure of the railroads?

What is a "unit train" and what are the advantages and disadvantages of unit trains?

What types of mergers occurred in the rail industry? What has been the result of this activity after the passage of the Staggers Rail Act?

Railroad carloadings have declined since 1900.What is the primary reason for the decline?

The basic unit of measurement for railroad freight handling is known as the:

How many rail mergers have occurred in the last 30 years?

What was the purpose of the legislation which created Amtrak?

Standard track gauge is defined as?

Discuss some of the elements of rail road industry's cost structure

One of the benefits of a railroad merger is:

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters