Coastal Science
Enviromental Science
Space & Solar
Weather Terms
Other Science Terms

Other Resources:

Medical Dictionary
Computer Dictionary
Legal Dictionary
Prescription Drug Facts
Hospital Directory

Class I Railroad:

Any railroad with annual gross revenues of at least $250 million (in 1991), according to the U.S. Department of Transportation. These are the largest long-distance U.S. railroad systems such as Union Pacific-Southern Pacific, Norfolk Southern, CSX, and Burlington Northern-Santa Fe, which own most of the track in the United States. Since passage of the Staggers Rail Act of 1980, aimed at deregulating the once highly-regulated industry to make it more efficient and cost-competitive, the number of Class I railroads has declined through consolidations and mergers, from more than 30, to eight in 1998. This consolidation has concerned many agricultural shippers—particularly those who lack access to nearby markets or to water transportation—fearful of higher prices due to lack of competition.

More Agriculture Terms

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z

Information and definitions of the terms been taken from various reliable government publications and we have done our best to verify their accuracy. If you feel any of the definitions are incorrect or needs to be updated please contact us and we will look into it.

Copyright © Science Dictionary - Scientific Definitions
2003-2006. All right are reserved.