Case Study Of BNSF Railroads

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

Since, such an agreement will be regarded as an Operating Lease and not a Capital Lease; this lease will not be reported on the company’s balance sheet. Keeping the lease off the balance sheet would make our financial ratios appear more attractive (lower debt/asset ratio) than otherwise. Hence, such a setup provides the advantage of financing the deal as an off-Balance Sheet item.

Similar to the light bulb’s legacy of ideas, the transcontinental railroad paved the way for new transportation. “The transcontinental railroad act is the first step in creating a continental common market.” This quote by, Charles R. Morris, defines the wide-spread uprising in the American Economy after establishing a railroad that would last a lifetime. The Transcontinental Railroad economically transformed America because of the trade and commerce it brought. Now capable of fast communication, we could quickly and cheaply of transport goods and ourselves. t’s wide impact developed a independent country were we could efficiently practice a free enterprise. Bringing in trade, shipping and new exports/imports, it elevated our economy to a higher level of technology.

Larry Page once said, “Especially in technology, [we] need revolutionary change, not incremental change.” Whether he is speaking about the Transcontinental Railroad system or the latest iPhone, what he says is true. If change is going to happen, it needs to bring a revolution of some kind along with it, otherwise, it will just become lost in history. This makes us wonder, how did the railroad system affect the US? The railroad system benefited the US most economically by industrializing towns it ran through, lowering shipping costs, and allowing for mass imports and exports.

The transcontinental railroad, one monumental part of America's history. This railroad helped push the idea of westward expansion and improved the way settlers lived. Once the railroad was done, settlers in America could shorten a travel time of 6 weeks to 6 days. The railroad also improved the economy for the settlers, as they could ship goods to places across the country. Although this does seems like a dream come true, for every positive there is a negative. Settlers did benefit greatly from the railroad, but for some other groups it was a struggle. In the end Native americans were kicked out of there land, Chinese immigrants and other workers were overworked and underpaid, and the environment and animals living in it started to be killed off.

“If any act symbolized the taming of the Northwest frontier, it was the driving of the final spike to complete the nation’s first transcontinental railroad.”1 The first railroad west of the Mississippi River was opened on December 23, 1852. Five miles long, the track ran from St. Louis to Cheltanham, Missouri. Twenty-five years prior, there were no railroads in the United States; twenty-five years later, railroads joined the east and west coasts from New York to San Francisco.2

The Big Four were the men known in building the Central Pacific Railroad, the western portion of the First Transcontinental Railroad in the United States. The four men were Leland Stanford who was the President, Collis P. Huntington who was the Vice President, Mark Hopkins who was the Treasurer, and Charles Crocker who was the Construction Supervisor.

Throughout the 1800’s there were more and more Americans that had moved onto the frontier of the West coast. The people of the United States believed they were destined to have their land stretched from the Pacific Ocean (the west) to the Atlantic Ocean (the east); from sea to shining sea. This settlement came from the fact that the west not only had an abundance of fertile land for farming, but it had such a great abundance of gold and mineral mining available. The Americans also believed that this was a way (and chance) to spread their beliefs! Many people saw the West as a new beginning, so they decided to head West and begin this journey. This is what the Americans believed they were destined to do… The rapid settlement of the West was caused by the great desire of the American

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.

As Robin Sharma once said, “Change is hard at first, messy in the middle, and gorgeous at the end“. As Sharma said change can be hard, as it was for the railroad, but in the end the impact can change a nation. On May 10, 1869 the Transcontinental railroad was opened. Since then the railroad has permanently transformed America. The transcontinental railroad transformed America because of the effects on American Indians, publishing travel information, and creating the Chinese Exclusion act.

As I will discuss, in my research paper, how the progressivist policies ended the monopoly of the American railroad system, my thesis statement is “Since the late nineteenth century, progressive policies provided laws to regulate the railroad system and alternative means of transport in order to break this monopoly.” I plan to write about how government policies, such as the creation of the Interstate Commerce Commission and Acts such as the Elkins Act (1903) and Hepburn Act (1906), made this change possible. Furthermore, topics such as the construction of national highways, waterways, and the Panama canal will each be discussed in a paragraph as an alternative to the railroad system. In conclusion, the thesis shows how progressive policies

The state uses funding from the Federal Railroad Rehabilitation & Improvement Financing (RRIF) Loan Program as leverage to partner up with qualified applicants to work on freight projects. RRIF programs are administered by the Federal Railroad Administration (FRA).

Sales took the most percentage of total revenue. The revenue of sales increased gradually from $ 214,934 (in thousands) in 2010 to $ 260,832 in 2012 while the figure of royalties reduced gradually from $ 873 in 2010 to $ 681 in 2012 (in thousands). The revenue of other income increased from $ 1,286 to $ 1,325 during this period and then the figure decreased dramatically to $ 533 in the financial year 2012. In addition, in the financial year 2012, a new resource of revenue called membership was developed with the figure of $54.

The revenue is $600,600*1.2= $720,720. The variable cost changes as sales increases and fixed cost stays the same, the gross profit is $175,500. After tax, the net income is $100,557.

Further to the aforesaid points, the greater percentage of revenue was derived from the sale of