Amtrak’s Sunset Limited and M/V Mauvilla – Corporate Social Responsibility 1 It has been called the worst train disaster in U.S. history. The wreckage of the Sunset Limited on September 22, 1993 took 47 lives. There are many circumstances surrounding this wreck that affect the many stakeholders involved. Certainly, CSX Transportation, Inc., Amtrak and Warrior and Gulf Navigation Company (WGN) and their employees, the passengers on the train and barge, the surrounding community, the train and barge industries, the governing body of the Big Bayou Canot bridge, environment, and stockholders are all stakeholders. Adding possibly to that list, the National Transportation Safety Board (NTSB), US Army …show more content…
The equipment would have increased the cost of building the bridge, so NTSB’s recommendations were ignored.
Not having this equipment installed leaves them wide open for multiple lawsuits. Prior to the incident of Amtrak’s Sunset Limited railcar, it is unknown the various positions of philanthropic CSR Amtrak and CSX might have had. Certainly after the accident, their commitments to the community must have increased by 100 fold. This, for Jeremy Bentham, would be ethical. If Amtrak and CSX took the position and gave back to the community post accident, and the good outweighed the bad, then they would be acting ethically. Amtrak’s economic position most likely went (for a period of time) from being well positioned in the market to a very competitive place with the other modes of public transportation – busses and airline. They were well positioned in that they could offer a much faster means of travel than a bus and provide on-board fine dining, and could offer a much less expensive travel than an airplane which does not include a meal of any kind. Amtrak surely suffered public pressures. In turn, this incident should have spurred beyond-compliance behavior necessary to satisfy the economic definition of CSR. (http://pubs.aeaweb.org/doi/pdfplus/10.1257/jel.50.1.51, page 75). An example would be to enhance train travel.
The article, “Creating the System: Railroads and the Modern Corporation”, informs us all about the development of the transcontinental railroad and how it helped drive the nation west and also transformed western North America into a economy that had many opportunities. The railroads have always interested me when it comes to this period of time. What I learned from the reading that I didn’t know before was that the Western railroads were primary carriers of grain, other agricultural produce, livestock, coal, lumber and minerals. Also seeing the prices that the farmers shipped their products for, and what they paid for the freights rates was very interesting. Overall, if the railroads wouldn’t have been built in a time when there was so little
Over time, transportation has shown to have an incredible impact on the United States. It has revealed to bring about economic and social changes in various ways. In the late eighteenth century ancient methods of traveling were still in use in America and it was often very slow. Americans were aware that if transportation advancement occurred, it would potentially increase foreign trade, increase land values as well as strengthen the American economy. In the mid 1800s it has been determined that transportation advancement has a drastic effect on our
The Canadian Pacific Railway (CPR), officially founded in 1881, marked a significant milestone in Canadian history. At the time it was legitimately formed, no one could have ever imagined the evolution and progression that it has made to present day. Over the past 150 years, the CPR has underwent and endured its fair share of sacrifices. However, there are countless reasons why the CPR should be viewed, remembered, and revered as a successful project. Throughout this essay, numerous topics, from the origins of the railway’s formation to its relevance and continued influence during present day, will be illustrated and examined in great detail, as well as why the project itself was an overall success.
Its social and economic impacts dwell greatly in the 1800’s to the era of 2000’s as trains have always turned America into something greater in those times where travel and transport were at its hardest, but in 1862 congress passed a bill in which it would forge new history all together with the Pacific Railroad Bill and several grants that allowed financial support for Railroad companies primarily Central Pacific
“Before the building of the Transcontinental Railroad, it cost nearly $1,000 dollars to travel across the country. After the railroad was completed, the price dropped to $150 dollars.”(History.com Staff). Prior to the railroad the average citizen of America could not afford to travel across the country cheaply. America waited for a means of transportation which would connect them from the Western to Eastern states. The responsibility of creating the railroads were left up to construction companies. Once this invention was created, traveling became quick, easy and affordable. The Transcontinental Railroad could be defined as the most significant change in America, during the 19th Century.
Fifteen thousand men. One thousand- two hundred dead. Twenty thousand pounds of bones. One thousand, seven hundred and fifty- six miles of railways. The creation of the transcontinental railroad began in 1863. It originated in the northern states and made its way to the west. Nobody knew that one day this new technology would lead to the future that we live today. During the time that the railroad was in the process of being created, many things were escalating in the US, all for the best. The Transcontinental Railroad transformed the United States more economically by creating new opportunities, improving transportation, and boosting imports and exports.
The Industrial Revolution was a time of great advancement for America as a whole. The bourgeoisie felt the positive effects of this in the form of new entrepreneurship opportunities, growth of existing business and an overall wealth increase. As their means to faster and more efficient transportation grew, so did the productivity of factories and distribution. The bourgeoisie were known for their high standard of living throughout the revolution. They lived and worked comfortably, constantly expanding their power and capital.
The transcontinental railroad is accepted as one of the greatest accomplishments during the 19th century. “In a petition submitted to the U.S. Congress on Jan. 29, 1845, New York merchant Asa Whitney proposed one of the most audacious ventures in American history: the construction of a railroad from Lake Michigan to the Pacific Ocean, spanning two-thirds of the North American continent. In bold and stirring words, describing how such a rail network would revolutionize “the entire commerce of the world,” Whitney urged the federal government to underwrite the ambitious project.” (Visions of Empire). The Pacific Railroad Act of 1862 was authorized and passed, the railroad companies began to build a transcontinental railroad. Connecting over 2,000 miles of land, crossing deserts and mountains. It’s an amazing achievement since it lowered the traveling time to just a few days compared to the months.
The Transcontinental Railroad was one of the most ambitious engineering projects, economic stimulants, and efficient methods of transportation in the early United States. If completed, the United States would be truly be united from east to west. The purpose of this paper is to examine how the Transcontinental Railroad helped develop new opportunities for many aspects of American life.
The front cars on the Amtrak #94 train suffered the greatest extent of damage and were almost completely crushed. According to the NTSB, had these cars been fully occupied at the time, the death toll would have been at least 100. There were relatively few passengers on those cars, however, and so the death toll was much less. Nonetheless, some of the passengers on those front cars were burned alive before finally dying of smoke inhalation. Most of the dead were on Amtrak car 21236.
Railroads became extremely popular in America in the 1800’s. The railroad industry itself began to boom; it was supported by its reputation for speed and efficiency. But, along with the booming industry of railroads came the strong debate that
The Canadian Pacific Railway (CPR) is commonly argued to be the most important transportation route in Canadian history, but most do not know the substantial benefits it provided. More specifically, it provided benefits to farmers, financiers, and consumers. The financiers of the railway were the group of people that the railway benefitted the most, mainly because of the significant amount of use it received in the 19th century.
Although the airline industry is in the business to transport people from one place to another they could not function without those who keep the airplanes operating on schedule. The airline industry has become the major provider of public transportation for Americans traveling between the nation's cities. Scheduled airlines now account for 92%
It is often argued that economic incentives lead firms to engage in soft law CSR. These are linked to corporate reputation. Political consumers may boycott a product made by a corporation that has acted contrary to human rights or environmental standards. Investors increasingly CSR screen investments and evade investments that have CSR risks. Firms will thus engage in soft law CSR out of self-interest because they will seek to boost their reputations with consumers and investors. This improvement in reputation will translate into improved sales or a higher stock price, while a bad reputation will do the opposite. This was the case with the consumer pressure imposed
Proponents of CSR would suggest a number of reasons why self interested corporations, seeking to solely to maximize profits are unable to advance the interests of society as a whole: