Career · Entrepreneur memoirs
John D. Rockefeller:Random Reminiscences of Men and Events, Additional Excerpt 159
John D. Rockefeller《Random Reminiscences of Men and Events》· Random Reminiscences of Men and Events · Leadership
The Standard Oil Company of Ohio, being situated at Cleveland, had the advantage of different carrying lines, as well as of water transportation in the summer; taking advantage of those facilities, it made the best bargains possible for its freights. Other companies sought to do the same. The Standard gave advantages to the railroads for the purpose of reducing the cost of transportation of freight. It offered freights in large quantity, car-loads and train-loads. It furnished loading facilities and discharging facilities at great cost. It provided regular traffic, so that a railroad could conduct its transportation to the best advantage and use its equipment to the full extent of its hauling capacity without waiting for the refiner's convenience. It exempted railroads from liability for fire and carried its own insurance. It provided at its own expense terminal facilities which permitted economies in handling. For these services it obtained contracts for special allowances on freights.
Source:
https://www.gutenberg.org/ebooks/17090
Locator:Additional excerpt 159 · Verified:2026-10-19 · Verification:Short excerpt
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