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1. Calculation: According to Fedex's 2017 annual report, the operating revenue in 2017 was $60,319 million while its operating expenses were $55,282 million.Calculate the operating

1.Calculation:According to Fedex's 2017 annual report, the operating revenue in 2017 was $60,319 million while its operating expenses were $55,282 million.Calculate the operating ratio of Fedex in 2017 (show your work).

2.Short Answer: What is intermodal transportation?How was this a major development for the transportation industry?

3.Short Answer: Compare and contrast motor carriers and rail carriers.What are some advantages and disadvantages of each mode?

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