Question 1

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

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Question 2

Rail is considered an oligopolistic market structure because:

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Question 3

What are the three major classifications of labor on railroads?

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Question 4

Define Intramodal.

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Question 5

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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Question 6

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

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Question 7

How many rail mergers have occurred in the last 30 years?
A) 15
B) 50
C) 28
D) 18

Accepted Answer

According to data from the Surface Transportation Board, there have been 28 rail mergers in the United States in the past 30 years. Therefore, choice C is the correct answer.

Question 8

What percentage of rail revenue is earned by local carriers?
A) 2.1 Percent
B) 1.8 Percent
C) 2.6 Percent
D) 28 Percent

Accepted Answer

According to the information given, 2.6 percent of rail revenue is earned by local carriers.

Question 9

The major cost element borne by the railroad industry is the:
A) Rolling Stock
B) Fuel costs
C) Rights of way
D) Insurance

Accepted Answer

The railroad industry incurs significant costs for maintaining and acquiring rights of way, which are the land and tracks necessary for train operations.

Question 10

As of 2012 what was the return on investment in the rail industry?

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Question 11

What commodity accounted for 6,204,000 railcar loads in 2012?
A) Nonmetallic minerals
B) Food
C) Farm products
D) Coal

Accepted Answer

Coal is the commodity that accounted for 6,204,000 railcar loads in 2012, making it the best choice. Nonmetallic minerals accounted for 2,541,000 railcar loads, food for 1,942,000 railcar loads, and farm products for 1,957,000 railcar loads.

Question 12

What led to the erosion of rail dominance in U.S.transportation?
A) Passenger air service in the 1920s
B) Government funded construction of roads
C) Steel price increase
D) Coal price increase

Accepted Answer

The government funded construction of roads led to the increase in popularity and usage of automobiles and trucks, which provided more flexible and personalized transportation options than rail. This ultimately led to the erosion of rail dominance in U.S. transportation as people and industries shifted towards other forms of transportation.

Question 13

Standard track gauge is defined as?

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Question 14

Name the top 4 commodities transported by railroads.

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Question 15

How many Class 1 rail companies are there?
A) 5
B) 7
C) 66
D) 18

Accepted Answer

As of the latest data, there are 7 Class 1 rail companies in the United States.

Question 16

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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Question 17

Who is the largest single customer of some rail roads?
A) FedEx
B) DHL
C) Walmart
D) UPS

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Question 18

What are mergers called that eliminate duplicate rail lines?

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Question 19

What is the standard track gauge in the U.S?
A) 5 Feet
B) 6 Foot 2 Inches
C) 4 Foot 8.5 Inches
D) 4 Foot 10 Inches

Accepted Answer

The standard track gauge in the U.S is 4 foot 8.5 inches. This gauge was originally used in England and became the standard in the U.S because many early railroad engineers were trained in England.

Question 20

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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Quiz 6: Railroads

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

Rail is considered an oligopolistic market structure because:

What are the three major classifications of labor on railroads?

Define Intramodal.

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.

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

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

What percentage of rail revenue is earned by local carriers?

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

As of 2012 what was the return on investment in the rail industry?

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

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

Standard track gauge is defined as?

Name the top 4 commodities transported by railroads.

How many Class 1 rail companies are there?

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?

Who is the largest single customer of some rail roads?

What are mergers called that eliminate duplicate rail lines?

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

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?