...Union Pacific is the largest freight railroad in North America. In 2007 they transported over one trillion ton-miles of freight earning revenues of $16.28 billion. They operate on 32,000 miles of rail covering the United States west of the Mississippi. Union Pacific is a successful firm both externally and organizationally. The Class I Freight Railroad industry encompasses the seven largest railroads in North America. In the U.S., where Union Pacific operates, Class I Freight Railroads move more than 40% of the freight transported per year, measured in ton-miles. The industry is in the maturity stage, experiencing slow consistent growth. For companies in this industry, it implies tightened operations and good human resource management are essential for success. The industry incumbents benefit from high barriers to entry due to the amount of capital requirements. Substitutes play a moderate role in the industry, while buyers and suppliers are on neutral ground with the railroads. Lastly, rivalry varies from area to area, but is average as a whole. This is shown in the analysis of captive versus noncaptive customers. Union Pacific mainly transports commodities in five primary industries; agriculture, automotive, chemical, energy, and industrial. These customers look for competitive pricing, on time delivery, and good customer service. In order to be successful in this industry, a railroad must have the resources to serve all the needs of these customers. Since Union Pacific operates...
Words: 9753 - Pages: 40
...Wells Fargo History in Portland Financial Heartland Before banking, Wells Fargo was simply the merging of two rival transportation companies in the 1850’s. In order to serve the West’s demand for faster communication, Henry Wells and William Fargo built a Wells, Fargo & Co. location in 1882 in Portland, Oregon. Portland’s location at the joining of the Willamette and Columbia established it as the shipping center for the Pacific Northwest and an attraction for Wells Fargo’s express business. The California Gold Rush influenced the company to offer banking in buying gold and selling paper bank drafts, which were just as good as gold, with rapid delivery across the United State. This was included with the diverse services the company had already had, such as general forwarding and commissions and freight series, After discovery of gold in the Boise Basin, precious metals came down the Columbia River to Wells Fargo’s banking and examine office in Portland. This caused more offices to open in new cities all over the United States. In 1863 alone, Wells Fargo’s office in Portland handled over 200,000 ounces of gold. A year later, offices were added in Salem and Eugene, along with more express offices in Portland. Wells Fargo’s reputation of trust built in the 1850’s during the boom and bust of the economy. The bank went to great lengths, coming through for customers and providing responsible and swift services. In 1868 the Columbia River froze in the...
Words: 1157 - Pages: 5
...The Resilience of the Railroad Industry Lindsay Millar, Jessica Settlecowski & Mike Gawel MGT 674 March 23, 2013 The history and resilience of the railway industry is rather remarkable as it has helped shape the landscape and the formation of the United States. Railways allowed colonies to settle in the West and the country suddenly became connected from coast to coast. This encouraged the exchange of goods and stimulated the development of towns and communities along track lines. Soldiers were shipped directly to the forefront of battleground lines and supplied with a constant flow of ammunition. Most importantly, trains were the steam engine that fueled the industrial revolution. The railway industry’s history is rich with experience and wise with age, as it has survived many seemingly insurmountable obstacles, including: the Great Depression, civil war, the advent of automobiles and airplanes and federal regulation. Federal regulation took the largest toll on the industry as it restricted the ability of the industry to adapt to future demands and market requirements. The growth of rail was stunted by 100 years of federal regulation and since the Staggers Act of 1980 which led to deregulation, the industry has been struggling to recover. After the implementation of the Staggers Act the industry has undergone serious reconstruction which has increased the overall performance and reliability of rail. As service levels improve the demand for low rates and large capacity...
Words: 5841 - Pages: 24
...UNIVERSITY OF PETROLEUM & ENERGY STUDIES DEHRADUN Group Project RAILWAY LOGISTICS (HEAVY HAUL TRAIN OPERATIONS) RESEARCH METHODOLOGY (MBCQ 721) Submitted to: Dr. NEERAJ ANAND Associate Professor& HOD – QT/RM/Operations CMES Submitted by : Name: AmolKhare Roll No: R600212004 Name: Ruchika Sahu Roll No: R600212039 Name: Rahul Kushwah Roll No: R600212031 MBA (LSCM)Sem II Batch 2012-14 Railway Logistics (Heavy Haul Train Operations). Page 1 ACKNOWLEDGMENT Our deepest thanks to, Dr Neeraj Anand, Associate Professor & HOD–QT/RM/Operations for College of Management and Economic Studies, as a guiding hand for us. He has taken pain to go through the project and also had spent time in giving necessary suggestions as and when needed. We would like to express our gratitude towards Mr R K Khare, Assistant Design Engineer, Track Department, of Research Design and Standard Organisation, Lucknow. Thereby our parents & classmates for their kind co-operation and encouragement which helped us in the completion of this project framework. We would like to express our special gratitude and thanks to industry persons for giving us such attention and time. Our thanks and appreciation also goes to the colleagues in developing the project and people who have helped us out with the different aspects of this Project. Date: 23, April 2013 Names: Amol Khare Rahul Kushwah Ruchika Sahu Railway Logistics (Heavy Haul Train Operations). Page 2 INDEX Sr. No. Topic Page No. 1...
Words: 17420 - Pages: 70
...CSX Corporation is one of the nation’s leading transportation suppliers. The company’s rail and intermodal businesses provide rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers. CSX Corporation is the parent company of several direct and indirect wholly-owned subsidiaries, including: CSX Intermodal Terminals, Inc.; CSX Real Property, Inc.; CSX Technology, Inc.; CSX Transportation, Inc.; Total Distribution Services, Inc. and TRANSFLO Corporation. CSX employs around 30,000 people, of which about 26,000 are union. These employees perform their duties in 23 states, the District of Columbia, and the Canadian provinces of Ontario and Quebec. CSX’s rail network infrastructure stretches westward to Chicago, southward to New Orleans, and northward to Syracuse. CSX’s rail operations can be grouped into four areas based on geography. The Coal Network connects coal mining operations in the Appalachian regions with industrial areas in the northeast and mid-Atlantic. The Interstate 90 corridor links Chicago and the Midwest to metropolitan areas in New York and New England. This route supports high speed intermodal, automotive and merchandise service. The Interstate 95 corridor connects Charleston, Jacksonville, Miami, and other southeastern cities to the major northeastern cities like Baltimore, Philadelphia, and New York. The Southeastern Corridor runs between western gateway cities like Chicago, St. Louis, and...
Words: 11327 - Pages: 46
...Colorblindness and our loss of heritage Like many popular literary works in American history “The Color of Water” focuses on the issue of race in America. This is nothing new since a lot of the great works of American history like “Huckleberry Finn” and “The Color Purple” took on the somewhat of a unique experience that many Americans have regarding race. One of things that is a different about ‘The Color of Water” is that the character of Ruth espouses to her children the idea that we build a society that is color blind. Even the title of the work hints at this view since water has no color, thus the color of water is clear. Even though this idea of a colorless society sounds great it is utopian and just not possible. It is a much better idea that if we are going to tackle the issue of race in this country, that we do not pretend that we can’t see differences amongst various ethnicities. The real goal should be that we recognize these differences and celebrate them. To understand why Ruth would say to advocate something like a color blind society it is important to understand who Ruth is. The character of Ruth, even though she was a real person, could be looked upon as being a symbol for the American experience. The classic American dream is one in which hard working immigrants move to the US, the land of opportunity, and make it big through hard work and determination. The American experience is different from the American Dream in that it is the realistic events and...
Words: 2856 - Pages: 12
...HISTORY, TENTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions © 2008, 2003, and 1998. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the United States. This book is printed on acid-free paper. 1234567890 QFR/QFR 10987654321 ISBN: 978-0-07-340696-1 MHID: 0-07-340696-1 Vice President & Editor-in-Chief: Michael Ryan Vice President EDP/Central Publishing Services: Kimberly Meriwether David Publisher: Christopher Freitag Sponsoring Editor: Matthew Busbridge Executive Marketing Manager: Pamela S. Cooper Editorial Coordinator: Nikki Weissman Project Manager: Erin Melloy Design Coordinator: Margarite Reynolds Cover Designer: Carole Lawson Cover Image: Albert Bierstadt, American (born in Germany), 1830–1902 Valley of the Yosemite, 1864 (detail) Oil on paperboard 30.16 × 48.89 cm (11 7/8 × 19 1/4 in.) Museum of Fine Arts, BostonGift of Martha C. Karolik for the M. and M. Karolik Collection of American Paintings, 1815–1865 47.1236 Buyer:...
Words: 248535 - Pages: 995
...and tobacco growth. Although, the majority of southern farmers were not flourishing, which caused sharecropping and tendancy to increase between blacks and whites. The bourbons perfected a political alliance with northern conservatives and economic alliance with northern capitalists. They also reduced state expenditures and public debt. Attitudes about race became more strongly felt and the prospect of an electoral alliance between poor whites and blacks that could threaten the power structure became a possibility, so the southern states came up with various ways to disenfranchise blacks. Also, “Jim Crow” laws were enacted to mandate public separation of the races. Legalized segregation reinforced the notions of white racial superiority and African-American inferiority, creating an atmosphere that encouraged violence, and during the 1890s lynching’s of blacks rose significantly. Define the New West. After 1865, the federal government encouraged western settlement and economic exploitation. The transcontinental railroads opened the western half of the nation to economic development and created an interconnected national market. Needing rapid communication, companies built telegraph lines along the railroad as the track was laid. Completion of the railroad substantially accelerated populating the West, while contributing to the decline of territory controlled by the Native American’s in these regions. Mining became a mass-production industry that required large scale...
Words: 5444 - Pages: 22
...Competitiveness of ports Antwerp, Zeebrugge and Rotterdam Maritime and Modal Transportation Borms Floris 2014/2015 Table of content 1. Intro p. 3 2. General information about the ports p. 4 3.1.1. Antwerpen p. 4 3.1.2. Zeebrugge p. 5 3.1.3. Rotterdam p . 6 3. Geographical Location p. 7 4. Hinterland connections p. 8 5. Port services quality, frequency, efficiency p. 10 6. Port Authority/Administration (legal/institutional background) p. 10 7. Conclusion p . 11 8. References p. 13 1. Introduction In this term paper I will discuss the competitiveness of ports. What are the most important factors that influence the results of a port and the amount of customers and suppliers they attract. This will include exogenous as well as endogenous components. The focus will be on the ports of Antwerp, Zeebrugge and Rotterdam because their locations are close to each other and on the first view they serve a similar market, which makes them comparable. To completely understand the performances of these ports, it is important that we have a short background of the ports and how they are evolving. This will be explained in the general information topic. Thereafter we will have a look at their geographical locations, the connection with the hinterland, their services they offer and the legal background. 2. General Information 2.1 Port of Antwerp ...
Words: 3133 - Pages: 13
...In the early nineteenth century, President Thomas Jefferson of the United States sought to propose an expedition to Congress with the intent of finding a “Northwest Passage,” a series of interconnected rivers that would assist in transporting goods across the continent to the Pacific Ocean and ultimately to ports overseas, greatly expanding the nation's economic potential. In January 1803, Jefferson asked Congress for $2,500 to fund an expedition up the Missouri River and asked Meriwether Lewis, a young army captain and friend of the President, to lead the expedition. In a written letter to Lewis, Jefferson described the primary pursuit of the presented expedition thus: “To explore the Missouri river,. such principal stream of it, as, by its...
Words: 2804 - Pages: 12
...Butterfly Beauties, Inc. Group 5 Karey Brown Jeff Fortenberry Suzie Hall Samantha Vazquez International Issues Business BUSI 4703 Dr. Juan Castro December 17, 2002 Table of Contents Executive Summary 1 Introduction 2 Why Butterfly Farming? 2 The History of Butterflies and Butterfly Farming 4 The Business of Butterfly Farming Butterflies 5 A Day in the Life of a Butterfly Farmer 6 Country Analysis: Costa Rica 8 The Land 9 Plant and Animal Life 10 The People 11 Greetings and Courtesies 13 Business Culture 14 The Economy 16 Table 1 17 Graphs 1, 2 18 Finance 18 Table 2 19 Government 19 Education 20 Health and Welfare 20 Resources 21 Agriculture 21 Table of Contents (cont.) Industry 22 Trade 22 Transportation 23 Butterfly Beauties, Inc. Operations Equipment and Supplies 25 Employees 27 Marketing Butterflies 28 Exportation/Shipping 31 Conclusion 32 Works Cited 33 Butterfly Beauties brochure Appendix Butterfly Beauties, Inc. Butterfly Farming in Costa Rica Executive Summary While the name may seem somewhat "flighty," butterfly farming is a serious business opportunity. The...
Words: 8667 - Pages: 35
...Switzerland vs. Mexico Switzerland My research paper will individually concentrate on Switzerland and Mexico in its history, competitive advantage, export, trading, and globalization. I will then compare and contrast both countries by their competitive advantage in the market, government intervention, trading, export, and globalization. The Switzerland economy is founded on an exceedingly competent labor force and skilled work. The principal areas consist of micro technology, hi-tech, biotechnology, and pharmaceuticals, also, includes banking and insurance knowledge. Switzerland was not the success story that it is today; in the late nineteenth century Switzerland was a poor nation and its major exports were mercenaries and emigrating citizens. By the early period of the twentieth century, Switzerland had emerged as an industrial nation of importance despite its small size. Switzerland was one of the richest nations in the postwar period and by the 1960 using some measures, Swiss per capita income was the highest in the world. The wealth of Switzerland is the outcome of national competitive advantage where there are shockingly numerous competitors in a wide range of advanced manufacturing and service industries and Switzerland a small nation was able to establish their competitive advantage over large nations and their competitors. The industrial success has allowed Swiss citizens to be employed at high wages and for many years the unemployment has affected...
Words: 3543 - Pages: 15
...Alaska Brand Audit Brand Inventory History Alaska has been a unique brand for many years. Originally known as Russian America because it was owned by Russia, the origin of the name Alaska is a misconception from the first Russian explorers to venture into Alaskan waters (the original Aleut word "alaxsxaq" literally meaning "object toward which the action of the sea is directed"[Alaska]). When the United States bought Alaska, even though the price was only two cents an acre, it was known for many years as “Seward’s Folly” or “Seward’s Icebox”, after William Seward, the Secretary of State who was primarily responsible for pushing the purchase from Russia through Congress. In the early days Alaska’s brand image was mostly negative. It was known as the “Frozen North”, the “land of ice and snow”, the “land without summer”. Many of these images are from the stories and poetry of Robert Service, Jack London and their contemporaries. A good example of this writing is the poem “Cremation of Sam McGee”— see appendix II, (Service). All these extreme brand images dominated perceptions of Alaska prior to the discovery of gold in the Klondike in the late 1800s. After gold was discovered these negative perceptions were softened somewhat, though they remained rather negative—in large part due to the difficulty of living in the far north. Our Brand Survey We did a brand audit of Alaska to see how well Alaska has worked past these harsh criticisms. To accomplish this we surveyed...
Words: 7487 - Pages: 30
...000 – Computer science, information, and general works • 000 Generalities • 001 Knowledge • 002 The book • 003 Systems • 004 Data processing and Computer science • 005 Computer programming, programs, data • 006 Special computer methods • 007 Not assigned or no longer used • 008 Not assigned or no longer used • 009 Not assigned or no longer used • 010 Bibliography • 011 Bibliographies • 012 Bibliographies of individuals • 013 Bibliographies of works by specific classes of authors • 014 Bibliographies of anonymous and pseudonymous works • 015 Bibliographies of works from specific places • 016 Bibliographies of works from specific subjects • 017 General subject catalogs • 018 Catalogs arranged by author & date • 019 Dictionary catalogs • 020 Library & information sciences • 021 Library relationships • 022 Administration of the physical plant • 023 Personnel administration • 024 Not assigned or no longer used • 025 Library operations • 026 Libraries for specific subjects • 027 General libraries • 028 Reading, use of other information media • 029 Not assigned or no longer used • 030 General encyclopedic works • 031 General encyclopedic works -- American • 032 General encyclopedic works in English • 033 General encyclopedic works in other Germanic languages • 034 General encyclopedic works in French, Provencal...
Words: 6903 - Pages: 28
...and for human beings. It solely rely on humans to conduct and transact any business. This research paper seeks to examine the concept of juristic personality, its advantages and its relationship with its owners. It delves into how decisions are made by this juristic personality, its liabilities and liabilities of those running it. The paper shall seek to examine if this veil of juristic person exists permanently or it can be lifted. What are the consequences of lifting that gown of juristic personality? The Concept of juristic personality. Companies and corporations are said to be legal or juristic personalities. This arises from the incorporation process. A corporation is a word that is said to have been derived from a Latin word corpus which means among other things “body”. An incorporated body becomes what is known as a “corpora coporata” in Latin or corporate body. The idea of a juristic person in law refers to an entity recognized in law as an artificial person. What this means is the entity recognized is given rights and responsibilities that arise from the law. The idea here is to separate the entity’s rights from the rights of those who owns it. In business law, entities such as cooperatives, limited liability corporations and companies are recognized as juristic persons. This means that they have rights and obligations separate from their owners or shareholders. This paper shall mainly...
Words: 3144 - Pages: 13
