Reference no: EM13837019

Question 1. One of the benefits of a railroad merger is:

there are fewer grade crossings

lees frequent interchanges between companies means faster service

cities and towns get back land once used for railroads

The STB does not have as many companies to regulate.

Question 2. What is one of the strengths of the railroad industry?

that it is not as affected by the weather as are other modes

that the railroads have large carrying capacity

that it can move products in both directions

that geographical barriers are not as formidable as they are for other modes

Question 3. The most serious threat to the pipeline industry are from which form of competition?

Canadian companies building new pipelines into the U.S.

natural gas powered pipeline

intramodal

intermodal

Question 4. What major factor is the main determinant in air cargo pricing?

discounts from full price levels as is done with motor carriers

weight

empty space on the aircraft

direction of travel of the shipment

Question 5. The basic unit of measurement for railroad freight handling is known as the:

unit load.

carload

freight load.

capacity load.

Question 6. Public aid is given the water carriers in the form of waterway construction, development and maintenance. How do the water carriers repay the government for the aid received?

by agreeing to haul government traffic free of charge

by paying a 25 percent surcharge on their income taxes

by paying user charges in the form of lock fees and fuel taxes

no repayment is made, all the aid offered is free of charge since both commercial carriers and private citizens use the waterways for business and pleasure

Question 7. Water carrier's intramodal competition is characterized by:

fierce and intense and ongoing efforts

very much a Lazes Faire or live and let live approach

very limited due the nature of industry

mandated by the ICC termination Act of 1995

Question 8. Pipeline accounts for 20% of the total intercity tonnage shipped in the U.S.. However their revenues are only 4% of the total intercity transportation revenues. Why is this?

high incidence of loss and damage

low reliability

Shipper's ability to negotiate lower rates because of intense completion among modes

low rates

Question 9. During 2006, railroads carried what percentage of all intercity ton miles moved?

47.1 percent

39.4 percent

43.0 percent

50.2 percent

Question 10. How many people were employed in the air carrier industry in 2007?)

100,000

500,997

560,997

over 1,000,000