Train Industry Essay

(a) Why did CSX make a two-tiered offer? What effect does this structure have on the transaction?

In conclusion, the invention of the steam train in the industrial revolution was beneficial for the world today because without them there would be a slower process in the delivery of goods and transport to long distances on land. Although both short term and long term effects were filled with negative and positives, the positives re more overpowering, therefor making the invention

railroad has allowed the rail industry to provide a more tailored service to its customers. It has also

“The water-frame used the waterpower from fast-flowing streams to drive spinning wheels.” (course reader 102) Then there was the introduction of the steam engine and power-loom. Due to an expired patent, James Watt decided to create his version of the steam engine for use in a cotton mill plant and introduced a system for the factory that was revolutionary. As a result, wages and manufacturing of cotton and iron really increased. This helped get more work done in less time and gave people jobs. (Document 2) The steam engines also helped get the economy ramped up by being able to bring supplies to the cities and more jobs to people. The steam engines provided jobs because they needed miners, engineers, and sailors who could build the canals and railroads for this transportation. As a result, they could bring supplies to the cities which also increased farmland available to produce more food for everyone. (Document 3) The steam engine brought in railroad development, industrialization and changes to the population. (Document 9) With the growth of railways and transportation, from 1801-1851, many cities were developed within the central part of Great Britain and the population

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.

Railroads can be referred to as the first big business, and the first industry to develop management bureaucracy (Ogburn 39). Railroads were a vital part of early American history during the 1800s-1860. Railroads brought social, economic, and political change to the country (Stover 26). In the United States a turnpike era and then a canal era had immediately preceded the coming of the railroads, which proved to be fast, direct, and reliable in all weather. After 1830, the railroads grew so quickly that within a decade their mileage surpassed that of the canals (Hollingsworth 28). The development of Railroads was one of the most important phenomena of the Industrial Revolution.

Codelfa Construction (Plaintiff) had a contract with State Rail Authority NSW (Defendant) to excavate the tunnels for the railway in New South Wales. The contract agreed to complete the work in assured dates and finish it within 130 weeks, to finish work Codelfa were suppose to work three shifts a day and 7 days a week; initially Codelfa Construction was working accordingly. The work was to dig a tunnel so offcourse it was very noisy and caused some vibrations which were annoying to the surrounding residents which led to application quite a few application of nuisance and after a while Codelfa Construction had an injunction where they were forced to reduce the work hours by two shifts a day and not working on Sundays. The problem started here as the working hours were reduced so Codelfa Constructions was not able to finish the work in the set period of time which was given according to the contract therefore Codelfa Construction’s budget did exceed than mentioned in the contract and they needed more time to finish the work.

The most successful steam engine, built by Thomas Newcomen, was used to clean water out of the mines, which meant more coal to power more steam engines, which led James Watt to see the opportunity for improvement. Watt’s newer engine made railroads and steamboats possible. Actually almost all electricity all over the world, whether from coal or nuclear power is just a steam engine, which shows how truly revolutionary the steam engine was.

The Railroad permantely impacted the workforce by promoting oppurtinies throughout the settlers and African Americans.

In addition with the invention of the steam engine came the steam locomotive. As the development of steam engines progressed through the 18th century, various attempts were made to apply them to road and railway us. In 1812 Matthew Murray was the first to build a successful steam locomotive, and it hauled 27 carts of around 95 tonnes at 3 mph. Accompanied with this came Richard Trevithick’s 40 psi steam locomotive, The Penydarren Locomotive, “the world's first ever railway journey that ran 9 miles from the ironworks at Penydarren to the Merthyr-Cardiff Canal, South Wales.” This creation lead to many more innovations, which will lead to speedy land travel for goods and products.

The steam engine used in means of travel revolutionized the transportation of goods, as well as the importing and exporting of them. "The steam-powered railroad changed geography and history. When grain merchants transported their goods by horsepower, they could go only so far before the horse consumed more than it could carry." (Gordon) In this aspect, the steam engine in railroads allowed people to import and export their goods on a faster, more reliable, source. Another major effect of the steam engine on society

The canalization of rivers, the steam engine, and railways were key components of the development of industry [2]. The extensive canal system was created around the mid 1700s to move goods and supplies inland. This system was cheaper and quicker than shipping goods over land [3]. The steam engine, however, was the driving force behind the Industrial Revolution. Prior to the invention of steam power, factories were located along rivers and used water for power. The development of a practical, efficient steam engine and its application to industry and transportation was a great leap in progress for industrialization. The steam engine’s application was limitless, and it was responsible for lifting industries from infancy to adolescence. Steam engines were used to develop machines that operated factory systems, pumps for mines, faster ships, and locomotives. A steam locomotive was able to carry raw materials and products very quickly. The expansion of the uses of the steam engine created the steam locomotive and a greater need for a railroad system. As a result, Railroads multiplied rapidly in England from 1,000 miles in 1836 to more than 7,000 miles by 1852 [4]. Machinery took the place of the work of many humans and made the work easier on others.

A Case Study on the California High Speed Rail System (CAHSR) - Is It Feasible?

In the beginning, man’s only form of transportation was his own feet. Later, to comfort his journey on foot, was the invention of footwear. Through envy of the speed of other animals he would learn to tame these animals. People who live in the desert ride atop camels. The people who live in the frigid climates travel by dogs. Some people from places like India ride elephants. But the must widely used form of transportation by animal power was by horse. Man would soon develop boats and ships to travel long distances over water and time would flow like the rivers and hundreds of years later, in the late 1700s steam power became the new craze. Steam power got the wheels turning amongst many inventors who

SCM can be divided into three main groups: purchase, manufacture, and transport (Thomas et al., 1996). The focus is on transportation. There are different modes of transportation. These modes of transportation fall under three basic types and they are: land (road, rail and pipelines), water (shipping) and air. Transportation plays a connective role among the several steps that result in the conversion of resources into useful goods for the ultimate consumer. It is the planning of all these functions and sub-functions into a system of goods movement in order to minimize cost and maximize service to the customers that constitutes the concept of business logistics. The system, once it’s put in place, must be effectively managed (Fair & Williams, 1981). What are the advantages and disadvantages of these modes of transportation in logistics?