首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
In recent years, railroads have been combining with each year, merging into supersystems, causing heightened concerns about mono
In recent years, railroads have been combining with each year, merging into supersystems, causing heightened concerns about mono
admin
2010-08-21
43
问题
In recent years, railroads have been combining with each year, merging into supersystems, causing heightened concerns about monopoly. As recently as 1995, the top four railroads accounted for under 70% of the total ton-miles moved by rails. Next year, after a series of mergers is completed, just four railroads will control well over 90% of all the freight moved by major rail carriers.
Supporters of the new supersystems argue that these mergers will allow for substantial cost reductions and better coordinated service. Any threat of monopoly, they argue, is removed by fierce competition from trucks. But many shippers complain that for heavy bulk commodities traveling long distances, trucking is too costly and the railroads
The vast consolidation within the rail industry means that most shippers are served by only one rail company. Railroads typically charge such "captive" shippers 20 to 30 percent more than they do when another railroad is competing for the business. Shippers who feel that they are being overcharged have the right to appeal to the federal government’s Surface Transportation Board for rate belief, but the process is expensive, time consuming, and will work only in truly extreme cases.
Railroads justify rate discrimination against captive shippers on the grounds that in the long run it reduces everyone’s cost. If railroads charged all customers the same average rate, they argue, shippers who have the option of switching to trucks or other forms of transportation would do so, leaving remaining customers to shoulder the cost of keeping up the line. It’s a theory to which many economists subscribe, but in practice it often leaves railroads in the position of determining which companies will flourish and which will fail. "Do we really want railroads to be the arbiters of who wins and who loses in the marketplace?" asks Martin Bercovici, a Washington lawyer who frequently represents shippers.
Many captive shippers also worry they will soon be hit with a round of huge rate increases. The railroad industry as a whole, despite its brightening fortunes, still does not earn enough to cover the cost of the capital it must invest to keep up with its surging traffic. Yet railroads continue to borrow billions m acquire one another, with Wall Street cheering them on. Consider the $10. 2 billion bid by Norfolk Southern and CSX to acquire Conrail this year. Conrail’s net railway operating income in 1996 was just $ 427 million, less than half of the carrying cost of the transaction. Who’s going to pay for the rest of the bill? Many captive shippers fear that they will, as Norfolk Southern and CSX increase their grip on the market.
It can be inferred from Paragraph 3 that ______.
选项
A、shippers will be charged less without a rival railroad
B、all shippers are served by only one rail company
C、overcharged shippers are unlikely to appeal for rate relief
D、a government board ensures fair play in railway business
答案
C
解析
推断题。由第三段“,..consolidation...means that most shippers are served by only one rail company...Shippers who feel that they are being overcharged have the right to appeal to the federal government...but the process is expensive,time consuming...”可见合并将会导致绝大部分shippers由一家rail company垄断(但不是所有的),挨宰的人有权申诉但这一过程会耗费大量时间和金钱,所以他们一般不会诉诸法律,因此正确答案为C项。
转载请注明原文地址:https://kaotiyun.com/show/h77K777K
0
大学英语六级
相关试题推荐
IBMresearchersareattemptingtowarmuphuman-computerrelationships.Forexample,IBM,InternationalBusinessMachines,hasb
Thevisualartsareaclassofartforms,includingpainting,sculpture,photography,andothersthatfocusesonthecreationo
GeorgeWashingtonCarvershowedthatplantlifewasmorethanjustfoodforanimalsandhumans.Carver’sfirststepwastoanaly
GeorgeWashingtonCarvershowedthatplantlifewasmorethanjustfoodforanimalsandhumans.Carver’sfirststepwastoanaly
Peopleexpresstheirpersonalitiesintheirclothes,cars,andhome.Becausewemightchoose【C1】______foodsto"tell"peopleso
TwoUnitedNationsagencieshave【B1】______formoremoneytosupplyfoodto【B2】______campsinAfrica.Theysaytheyhavehadto
Thetaskofbeingacceptedandenrolledinauniversityorcollegebeginsearlyforsomestudents.Long【C1】______theygraduate
ThePentagonisseekingcongressionalapprovalfordevelopmentofanewweaponabletostrikedistanttargetsanhourafterthey
Concernwithmoney,andthenmoremoney,inordertobuytheconveniencesandluxuriesofmodernlife,hasbroughtgreatchanges
ThecitiesandthecountrysideinChinaaredevelopingatarapidratefasterthan______(任何历史时期).
随机试题
CO2气体保护焊的特点是什么?
下列关于通气/血流比值的描述,哪一项是错误的
女性,18岁,3周前因急性化脓性扁桃腺炎发热,治疗后好转,近日来出现眼睑水肿,血压增高,尿少,呼吸困难,不能平卧而就诊。最可能的诊断是
蔡永父母在共同遗嘱中表示,二人共有的某处房产由蔡永继承。蔡永父母去世前,该房由蔡永之姐蔡花借用,借用期未明确。2012年上半年,蔡永父母先后去世,蔡永一直未办理该房屋所有权变更登记,也未要求蔡花腾退。2015年下半年,蔡永因结婚要求蔡花腾退,蔡花拒绝搬出。
某一除尘风机拟采用变频调速,技术数据为:在额定风量工作时交流感应电动机计算功率P=900kW,电机综合效率ηm100=0.92,变频器效率ηmp100=0.976;50%额定风量工作时,电动机效率ηm50=0.8,变频器效率ηmp50=0.92;20%额定
工程通过竣工检验达到了合同规定的“基本竣工”要求后,承包商在他认为可以完成移交工作前()天以书面形式向工程师申请颁发接收证书。
在幕墙式建筑、外保温体系类型等相关基础数据的检查中,现场采用钢针插入或剖开尺测量防护层的厚度、水平防火隔离带的高度或宽度时,不允许有()
(操作员:刘主管;账套:101账套;操作日期:2015年1月31日)1月30日,以银行存款110000元取得一项交易性金融资产,确定该资产的入账价值为110000元。
封闭式基金通常有固定的封闭期,通常在5年以上。( )
甲公司为清偿对乙公司的欠款,开出一张收款人为乙公司的汇票。乙公司不慎将汇票丢失,王某拾得后在汇票上伪造了乙公司的签章,并将该汇票背书转让给不知情的丙公司,用来支付购买丙公司电缆的货款。根据票据法律制度的规定,下列表述中,正确的有()。
最新回复
(
0
)