100% Solved
7 class 1's BNSF (burlington northern-santa fe)
UP (union pacific)
KCS (kansas city southern)
NS (norfolk southern)
CSX
CN (canadian national)
- But a bid in to acquire KCS in fall 2020
- CP put in higher offer
CP (canadian pacific), smallest of all 7
- Acquired KCS in 2021
Road Most flexible than any other forms
typically created and maintained by governments\
Road is typically used for Higher-value cargo
, Low volume cargo
time-sensitive/JIT (relative)
Transportation carriers are classified as either for-hire
private
Classification is important because different levels of economic regulation are applicable to
different carriers
Types of for-hire Common
Contract
Exempt
Common carriers serve the general public
Contract carriers offers specialized service to customers on a contractual basis
Exempt carriers exempted from economic regulation due to legislation