Exam 6: Railroads

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

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What do the majority of rail movements involve?

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

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Standard track guage is defined as?

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

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

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

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Name the top 4 commodities transported by railroads.

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

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What is one of the strengths of the railroad industry?

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Who is the largest single customer of some rail roads?

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What percentage of rail revenue is earned by local carriers?

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What was the purpose of the legislation which created Amtrak?

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What is the standard track guage in the U.S?

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What are the three major classifications of labor on railroads?

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What is the major cost element of the railroad?

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

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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?

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