Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands):

a. Determine the asset turnover for all three companies.
b. Assume that the asset turnover for each company represents its respective industry segment. Interpret the differences in the asset turnover in terms of the operating characteristics of each of the respective segments.

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Sales Average total assets YRC $4,871,200 3,448,700 Union Pacific $21,708,000 60,410,000 C.H. Robinson $15,309,508 4,534,236