University of Virginia Library

TRANSPORTATION

The subject of Transportation under modern conditions
is very complex. The principles governing railroad transportation
are in many respects different from those governing
water transportation, and those governing motor
transportation different from either. The subject of ocean
shipping, including freight rates and handling facilities, is
taken up in connection with Foreign Trade.

On account of its great importance the study of railroad
transportation is receiving increasing attention from students
in commerce and business. The work in this subject
covers the economic principles of railroad transportation,
the location of systems, operating revenues and expenditures,
railway finance, accounting, reorganizations and receiverships.
Attention is directed to the organization of
the freight and passenger services, the general forms of
corporate organization and the relationship of the railroad
to the general public. Special emphasis is placed upon the

character and development of rate-making agencies and
systems, and the relationship between railroad rates and
industrial growth.