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