Exam 6: Railroads

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Discuss the current use of technology in the railroad industry.

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What do the majority of rail movements involve?

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How many Class 1 rail companies are there?

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

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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.

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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?

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What commodity accounted for 6,204,000 railcar loads in 2012?

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

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Who is the largest single customer of some rail roads?

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The demand for freight:

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What is one of the strengths of the railroad industry?

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Define Intramodal.

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During 2009,railroads carried what percentage of all intercity ton miles moved?

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What is the major cost element of the railroad?

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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.

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What are the three major classifications of labor on railroads?

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Describe the various types of rail company rolling stock.

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Railroads are:

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

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Intramodel competition is:

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