Question 1

How many Class 1 rail companies are there?

Accepted Answer

A)  5 
B)  7 
C)  66 
D)  18 
A)  5 
B)  7 
C)  66 
D)  18 B

Question 2

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 C

Question 3

As of 2015, what was the return on investment in the rail industry?

Accepted Answer

12.09 percent

Question 4

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 5

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

Question 6

Who is the largest single customer of some rail roads?

Accepted Answer

A)  FedEx 
B)  DHL 
C)  Walmart 
D)  UPS 
A)  FedEx 
B)  DHL 
C)  Walmart 
D)  UPS

Question 7

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 8

The railroads dominate the market for:

Accepted Answer

A)  hauling 30,000 pounds or more over 300 miles. 
B)  hauling 60,000 pounds or less than 100 miles. 
C)  oversize and over-dimension shipments. 
D)  coal and chemicals. 
A)  hauling 30,000 pounds or more over 300 miles. 
B)  hauling 60,000 pounds or less than 100 miles. 
C)  oversize and over-dimension shipments. 
D)  coal and chemicals.

Question 9

Railroads are:

Accepted Answer

A)  more energy efficient than most other modes 
B)  more likely to haul energy producing materials than other modes 
C)  not as energy efficient as most other modes 
D)  buying more energy efficient locomotives 
A)  more energy efficient than most other modes 
B)  more likely to haul energy producing materials than other modes 
C)  not as energy efficient as most other modes 
D)  buying more energy efficient locomotives

Question 10

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 11

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.

Question 12

Intermodal traffic expanded by _____ from 1980 to 2012.

Accepted Answer

A)  100 percent 
B)  365 percent 
C)  319 percent 
D)  300 percent 
A)  100 percent 
B)  365 percent 
C)  319 percent 
D)  300 percent

Question 13

What are the three major classifications of labor on railroads?

Accepted Answer

Operating, non-opera

Question 14

Rails to Trails Conservancy has created how many miles of hiking trails?

Accepted Answer

The answer of Rails to Trails Conservancy has created how...

Question 15

Name the top 4 commodities transported by railroads.

Accepted Answer

They are coal, farm

Question 16

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 17

The railroad's short run cost structure consists of a large proportion of indirect fixed costs resulting from the mode's investment in long-lived assets. Explain the fixed elements of the mode's cost structure.

Accepted Answer

The major cost element is the operation,

Question 18

Discuss the history and current situation of alcohol and drug abuse in the railroad industry.

Accepted Answer

Many industries, including the rail indu

Question 19

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 20

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

How many Class 1 rail companies are there?

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

As of 2015, what was the return on investment in the rail industry?

What was the purpose of the legislation which created Amtrak?

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

Who is the largest single customer of some rail roads?

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

The railroads dominate the market for:

Railroads are:

What percentage of rail revenue is earned by local carriers?

One of the benefits of a railroad merger is:

Intermodal traffic expanded by _____ from 1980 to 2012.

What are the three major classifications of labor on railroads?

Rails to Trails Conservancy has created how many miles of hiking trails?

Name the top 4 commodities transported by railroads.

What is the difference between TOFC and COFC service?

The railroad's short run cost structure consists of a large proportion of indirect fixed costs resulting from the mode's investment in long-lived assets. Explain the fixed elements of the mode's cost structure.

Discuss the history and current situation of alcohol and drug abuse in the railroad 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?

Global Supply Chains the Role and Importance of Transportation

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

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Exam 6: Railroads

How many Class 1 rail companies are there?

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

As of 2015, what was the return on investment in the rail industry?

What was the purpose of the legislation which created Amtrak?

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

Who is the largest single customer of some rail roads?

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

The railroads dominate the market for:

Railroads are:

What percentage of rail revenue is earned by local carriers?

One of the benefits of a railroad merger is:

Intermodal traffic expanded by _____ from 1980 to 2012.

What are the three major classifications of labor on railroads?

Rails to Trails Conservancy has created how many miles of hiking trails?

Name the top 4 commodities transported by railroads.

What is the difference between TOFC and COFC service?

The railroad's short run cost structure consists of a large proportion of indirect fixed costs resulting from the mode's investment in long-lived assets. Explain the fixed elements of the mode's cost structure.

Discuss the history and current situation of alcohol and drug abuse in the railroad 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?

Global Supply Chains the Role and Importance of Transportation

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

Motor Carriers

Airlines

Water Carriers and Pipelines

Third Party Logistics

Transportation Risk Management

Global Transportation Management

Governmental Roles in Transportation

Issues and Challenges for Global Supply Chains

Filters