Question 1

Rail is considered an oligopolistic market structure because:

Accepted Answer

There are a small nu

Question 2

What do the majority of rail movements involve?

Accepted Answer

A)  manufactured goods 
B)  bulk liquids and coal 
C)  low value, heavy commodities 
D)  consumer goods 
A)  manufactured goods 
B)  bulk liquids and coal 
C)  low value, heavy commodities 
D)  consumer goods

Question 3

Describe the various types of rail company rolling stock.

Accepted Answer

The rail companies have a number of solu

Question 4

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 5

Historically, what commodity accounted for the most railcar loads?

Accepted Answer

A)  Nonmetallic minerals 
B)  Food 
C)  Farm products 
D)  Coal 
A)  Nonmetallic minerals 
B)  Food 
C)  Farm products 
D)  Coal

Question 6

The major cost element borne by the railroad industry is the:

Accepted Answer

A)  Rolling Stock 
B)  Fuel costs 
C)  Rights of way 
D)  Insurance 
A)  Rolling Stock 
B)  Fuel costs 
C)  Rights of way 
D)  Insurance

Question 7

Describe some of the strengths of the rail industry.

Accepted Answer

The key strengths of the rail industry a

Question 8

What is one of the strengths of the railroad industry?

Accepted Answer

A)  that it is not as affected by the weather as are other modes 
B)  that the railroads have large carrying capacity 
C)  that it can move products in both directions 
D)  that geographical barriers are not as formidable as they are for other modes 
A)  that it is not as affected by the weather as are other modes 
B)  that the railroads have large carrying capacity 
C)  that it can move products in both directions 
D)  that geographical barriers are not as formidable as they are for other modes

Question 9

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 10

Briefly explain the factors that led to the erosion of Rail dominance in 1920 and 1930.

Accepted Answer

The construction of large scale, hard su

Question 11

Discuss the current use of technology in the railroad industry.

Accepted Answer

To become more efficient and consequentl

Question 12

The railroads can claim a number of service advantages, such as a large carrying capacity, assumption of liability for shipments, and an increased use of technology. However, there are also a number of disadvantages. Please describe the rail disadvantages.

Accepted Answer

Rail service is constrained by fixed rig

Question 13

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 14

After the passage of the Staggers Rail Act of 1980 the railroads have improved service to their customers. Describe these areas of improvement.

Accepted Answer

The Staggers act increased competition a

Question 15

Define Intramodal.

Accepted Answer

Intramodal

Question 16

Intramodel competition is:

Accepted Answer

A)  the joint use of trucks and railroads to serve common customers 
B)  trucking companies underbidding other modes to secure business 
C)  various modes seeking to gain market share from other modes 
D)  a government sponsored activity 
A)  the joint use of trucks and railroads to serve common customers 
B)  trucking companies underbidding other modes to secure business 
C)  various modes seeking to gain market share from other modes 
D)  a government sponsored activity

Question 17

What are mergers called that eliminate duplicate rail lines?

Accepted Answer

The answer of What are mergers called that eliminate duplicate...

Question 18

Abandonments have reduced the total track mileage by 50 percent since 1929. Why did these abandonments occur? What have been at least two outgrowths of this abandonment trend? Does any government agency oversee railroad abandonments?

Accepted Answer

Overexpansion couple with a decline in r

Question 19

What is the major cost element of the railroad?

Accepted Answer

A)  operation and maintenance of locomotives 
B)  operation and maintenance of rights 
C)  operation and maintenance of railcars 
D)  operation and maintenance of yards and terminals 
A)  operation and maintenance of locomotives 
B)  operation and maintenance of rights 
C)  operation and maintenance of railcars 
D)  operation and maintenance of yards and terminals

Question 20

Railroad per unit costs decline as traffic increases. What is the reason for this cost behavior?

Accepted Answer

A)  A high proportion of variable costs in the cost structure 
B)  A low proportion of fixed costs in the cost structure 
C)  A large proportion of fixed costs in the cost structure 
D)  Limited capital investment by the railroads 
A)  A high proportion of variable costs in the cost structure 
B)  A low proportion of fixed costs in the cost structure 
C)  A large proportion of fixed costs in the cost structure 
D)  Limited capital investment by the railroads

Rail is considered an oligopolistic market structure because:

What do the majority of rail movements involve?

Describe the various types of rail company rolling stock.

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

Historically, what commodity accounted for the most railcar loads?

The major cost element borne by the railroad industry is the:

Describe some of the strengths of the rail industry.

What is one of the strengths of the railroad industry?

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

Briefly explain the factors that led to the erosion of Rail dominance in 1920 and 1930.

Discuss the current use of technology in the railroad industry.

The railroads can claim a number of service advantages, such as a large carrying capacity, assumption of liability for shipments, and an increased use of technology. However, there are also a number of disadvantages. Please describe the rail disadvantages.

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

After the passage of the Staggers Rail Act of 1980 the railroads have improved service to their customers. Describe these areas of improvement.

Define Intramodal.

Intramodel competition is:

What are mergers called that eliminate duplicate rail lines?

Abandonments have reduced the total track mileage by 50 percent since 1929. Why did these abandonments occur? What have been at least two outgrowths of this abandonment trend? Does any government agency oversee railroad abandonments?

What is the major cost element of the railroad?

Railroad per unit costs decline as traffic increases. What is the reason for this cost behavior?

Global Supply Chains the Role and Importance of Transportation

Transportation and the Economy

Transportation Technology and Systems

Costing and Pricing for Transportation

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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

Rail is considered an oligopolistic market structure because:

What do the majority of rail movements involve?

Describe the various types of rail company rolling stock.

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

Historically, what commodity accounted for the most railcar loads?

The major cost element borne by the railroad industry is the:

Describe some of the strengths of the rail industry.

What is one of the strengths of the railroad industry?

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

Briefly explain the factors that led to the erosion of Rail dominance in 1920 and 1930.

Discuss the current use of technology in the railroad industry.

The railroads can claim a number of service advantages, such as a large carrying capacity, assumption of liability for shipments, and an increased use of technology. However, there are also a number of disadvantages. Please describe the rail disadvantages.

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

After the passage of the Staggers Rail Act of 1980 the railroads have improved service to their customers. Describe these areas of improvement.

Define Intramodal.

Intramodel competition is:

What are mergers called that eliminate duplicate rail lines?

Abandonments have reduced the total track mileage by 50 percent since 1929. Why did these abandonments occur? What have been at least two outgrowths of this abandonment trend? Does any government agency oversee railroad abandonments?

What is the major cost element of the railroad?

Railroad per unit costs decline as traffic increases. What is the reason for this cost behavior?

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