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Transportation Logistics
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Subject
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business-skills
Instructions:
Answer 50 questions in 15 minutes.
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Match each statement with the correct term.
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This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. _______ mode would be ideal for moving dry bulk - grains - petroleum - and certain manufactured products not prone to damage during transit
Interior Non-port cities
7
Water
15
2. At about what time did trucking become the predominant mode of transportation in the US by gradually surpassing the railroads in terms of tonnage and revenues?
After World War 2
Pipeline and Rail
Covered Hopper
250 - 000
3. UNCTAD liner code 40-40-20
Break Bulk - Pickup and Delivery - Line Haul - Slip-Seating
40% each to trade partners & 20% to 3rd world country to develop 3rd world ocean shipping industry - it happened to be inefficient.
Large carrying capacity - versatility of cargo - reduced pollution due to higher fuel efficiency compared to trucking - coast-to-coast 'land bridge' with shorter total transit sea+land times for prevailing import container routes
Move 1 single commodity and are non-stop to destination.
4. What was the golden age of railroads?
Declaration of where product was made so that appropriate duties are charged
1850-1950
ton-miles
One method moves the trailer on its wheels while the other moves the container
5. What is the truck driving time limitations?
Amenities/Accommodations - Direct flights to destination without layovers - More personal space in flight - In flight service personnel - No frills types of service (no perks)
A pumping station
Not the government - the railroads themselves
11 hours straight or anything beyond 70 hours in 8 days
6. Name the 3 types of water carriers
About 2 cents per dollar
484
Coastal/Intercoastal - Great Lakes - Internal
Containers moving between Far East & Europe via ship - rail - ship instead of all water through Panama Canal - Use continent U.S. as bridge (move by train) - Save Transit time - fuel - & Liner ship investment
7. What is a typical fixed cost item in the motor carrier industry?
Terminal
Break Bulk - Pickup and Delivery - Line Haul - Slip-Seating
Bottlenecks - Traffic accidents - Major snowfalls - Projects to improve existing highways
To promote interstate commerce and strengthen the defenses of the country
8. What are the major causes of general traffic congestions?
Slip-Seating - Bob-Tailing - Hub-And-Spoke System - Drop-and-Hook
Amenities/Accommodations - Direct flights to destination without layovers - More personal space in flight - In flight service personnel - No frills types of service (no perks)
Bottlenecks - Traffic accidents - Major snowfalls - Projects to improve existing highways
15%~13%
9. The whole history of the US railroads is a history of...
Transfer of function to another country - can stay within the same company!
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit
Consolidation
Act as a consolidator and domestic freight forwarder - inbound/outbound container arrangement
10. Which economies are most prominent in the trucking industry?
LTL vs TL - Local vs Intercity Carriers - Publicly owned vs Privately owned - Specialized vs general freight
BNSF - CSX Transportation - Kansas City Southern Railway - Grand Truck Corporation - Norfolk Southern - Union Pacific Railroad - Soo Line Railroad
Special Rates
Economies of scope and density
11. Names of the Class 1 railroads?
Slip-Seating - Bob-Tailing - Hub-And-Spoke System - Drop-and-Hook
BNSF - CSX Transportation - Kansas City Southern Railway - Grand Truck Corporation - Norfolk Southern - Union Pacific Railroad - Soo Line Railroad
After World War 2
Pricing according to product value or demand - higher value of the product - the higher the transportation price (risk of loss/damage..). Third Degree price discrimination: separate price for separate groups of buyers with same service. Must posses
12. Core Carrier concept
Water (Barge Ships) at 0.72 per ton mile. The second lowest is Rail at 2.24 cents per ton mile.
The intermodal competition has increased dramatically since WW 2
Few carriers handle more than 25% of total shipment - service disruptions problems if cease operation.
Economies of scope and density
13. What is the difference between class 1 and class 2 carriers?
(Trucking) Class 1: income > $10M - Class 2: $3M<income<$10M
BNSF - CSX Transportation - Kansas City Southern Railway - Grand Truck Corporation - Norfolk Southern - Union Pacific Railroad - Soo Line Railroad
Pricing according to product value or demand - higher value of the product - the higher the transportation price (risk of loss/damage..). Third Degree price discrimination: separate price for separate groups of buyers with same service. Must posses
Pricing according to cost incurred to serve - Customer covers all costs - seller sets prices to maximize profits.
14. What term is related to railroad operations?
Use of low-sulfur diesel fuel - Use of biodiesel fuel - Cutting down on idling - Reducing traffic congestion
Commercial Invoice - Pro-Forma Invoice - Consular Invoice
Switching - Piggybacking - Double-Stacking - Car-Loading - Trackage - Haulage - Drayage - Demurrage
Intermodal in character
15. Categories of major pricing decisions
Coal
Voyage: Time - Bareboat or demise Voyage: Similar to taxi - ship owner - responsibility for crews & operation Time: Rent Vessel & crew for period of time Bareboat/Demise: Long period - chartering party responsibility for crews & operation
1. Setting prices on new services- consider cost and market elasticity; no precedent 2. Modification of prices over time- respond to market/operating/service changes 3. Initiating and responding to price changes- impact on market share and profits.
250 - 000
16. What are the current trends in the US railroad?
Intermodal in character
Wyoming
Increased use of technology - Gradual increase in the number of smaller railroads - Increase in intermodal shipments - Sharp growth in fuel efficiency of locomotives
The use of two or more modes to move a shipment from origin to destination. -Malcom McLean first move freight by truck and rail in 1950.
17. Skimming pricing
Boxcar - Hopper Car - Covered Hopper - Flatcar - Gondola - Tank Car
High price for price insensitive customers.
A pumping station
Alcoholism in the workplace - Challenges of implementing new technology - Need to increase customer service - Challenges of growing intermodal service
18. Pricing adjustment conditions
15%~13%
Substantially higher
Is likely to stay and even get worse in the future
Discounts: reduction from published price. Volume: TL vs LTL - Seasonal - Cash 2/10 net 30 - Geographical- FOB origin/destination - Uniform delivered pricing: zone pricing.
19. What is the approximate number of railroads in the US?
Large carrying capacity - versatility of cargo - reduced pollution due to higher fuel efficiency compared to trucking - coast-to-coast 'land bridge' with shorter total transit sea+land times for prevailing import container routes
Increased use of technology - Gradual increase in the number of smaller railroads - Increase in intermodal shipments - Sharp growth in fuel efficiency of locomotives
563
Moderate
20. What is the difference between TOFC and COFC service?
One method moves the trailer on its wheels while the other moves the container
Free on Board- Origin (seller pays shipping costs); Destination (Buyer pays).
A trucking operation that only hauls freight for the firm which owns it
Yes
21. Mistakes in pricing strategy
Over reliance on costs - slow reaction to market changes - ignoring marketing mix - prices not tailored to services and markets - need to price according to strategic plan.
30%
Coal
Main penalty is the cost of lost of sales by holding the shipment.
22. Ways to classify the motor carriers
Maximize the operational time of equipment - fuel efficient speeds - vahicle weight should be minimized - standardized equipment - equipment should be adapted to special market and commodity requirements.
100 cars x 100 tons
LTL vs TL - Local vs Intercity Carriers - Publicly owned vs Privately owned - Specialized vs general freight
High price for price insensitive customers.
23. Pooling
The pickup and delivery of trailers and containers in conjunction with a line-haul rail movement
Consolidation of shipments to different destinations within the same general area.
(Trucking) Class 1: income > $10M - Class 2: $3M<income<$10M
100 cars x 100 tons
24. 1 Barge is equivalent to how many tons?
Priority service schedule - often empty backhaul - often cars owned by the shipper - and direct movement from origin to destination
Truck safety requirements - Driver hours of service - User fee charges - Reduction of pollution from trucks
Accessibility - Speed - Universal Connector - Reliability - Frequency - Lower Loss and Damage Rates - Lower Inventory levels due to smaller shipments than other modes
1500 tons
25. Types and shares of cost in railroads
The number of unions and the degree of their involvement in operations and labor management contributes to inefficiencies of the railroads
Line-Haul Vehicles: Tractor Trailer combination of 3 or more axles - City Straight Vehicles: Single Units - Special Vehicles: Dry Van - Open Top - Flatbed - Tank Trailer - Special
Fixed Costs: 30% - Semi-Variable Costs: 40% - Variable Costs: Labor and Gas
Boxcar - Hopper Car - Covered Hopper - Flatcar - Gondola - Tank Car
26. Major commodities hauled by each mode
Motor: HH Goods - Heavy Machinery - Petroleum Products - Dump Trucking - Ag Commodities - Motor Vehicles - Retail Store Delivery
563
The pickup and delivery of trailers and containers in conjunction with a line-haul rail movement
An agreement whereby one railroad pays another for the right to operate its trains over the second carrier's track
27. Which mode has the highest carrying capacity?
Voyage: Time - Bareboat or demise Voyage: Similar to taxi - ship owner - responsibility for crews & operation Time: Rent Vessel & crew for period of time Bareboat/Demise: Long period - chartering party responsibility for crews & operation
Water
Truck safety requirements - Driver hours of service - User fee charges - Reduction of pollution from trucks
Consolidation of shipments to different destinations within the same general area.
28. Which Mode of Transportation has the highest volume in tonnage?
Large carrying capacity - versatility of cargo - reduced pollution due to higher fuel efficiency compared to trucking - coast-to-coast 'land bridge' with shorter total transit sea+land times for prevailing import container routes
Accompanies shipment - Bill for the goods from the seller to the buyer - Often used by government to determine the true value of goods when assessing customs duties
Motor/Truck - around 69-70% - Revenue % for Rail: 5.6%
250 - 000
29. Name the types of trucking terminals
Break bulk - Relay - Pick up - Delivery
Completely different continent - different time zones.
Consolidate orders for several customers and stop along the way for partial unloading.
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
30. What are the revenues of the specialized and general cargo?
Specialized: $73 Billion - General: $146 Billion
Pricing according to product value or demand - higher value of the product - the higher the transportation price (risk of loss/damage..). Third Degree price discrimination: separate price for separate groups of buyers with same service. Must posses
Commercial invoice printed on stationery of importing country's consulate and stamped by consulate.
Reduced highway congestion - damage and pollution as a result of replacing trucks as an alternative
31. Near-shoring
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
Gov't aid to develop air service - Gov't funding of highways - Construction of inland waterways - Growing preference of shippers for more frequent deliveries and smaller shipments
Yes
Less than 25 carriers handle 75 to 80% of total freight dollar.
32. 1. Character of shipment rates: LTL/TL rates - multiple-car rates - incentive rates - unit train rates - density rates... 2. Area - location or route rates: Local rates - joint rates - proportional rates - differential rates - per mile rate.
Increased use of technology - Gradual increase in the number of smaller railroads - Increase in intermodal shipments - Sharp growth in fuel efficiency of locomotives
Free on Board- Origin (seller pays shipping costs); Destination (Buyer pays).
Terminal
Special Rates
33. Invoices
Water (Barge Ships) at 0.72 per ton mile. The second lowest is Rail at 2.24 cents per ton mile.
Commercial Invoice - Pro-Forma Invoice - Consular Invoice
Carloads and Ton-miles
Far east to east coast or Europe to west coast - final destination is US port city
34. The status of competition within the US railroad industry?
Moderate
One method moves the trailer on its wheels while the other moves the container
Consolidation
Coal
35. Labor relations in the US railroad industry?
After World War 2
Accessibility - Speed - Universal Connector - Reliability - Frequency - Lower Loss and Damage Rates - Lower Inventory levels due to smaller shipments than other modes
Voyage: Time - Bareboat or demise Voyage: Similar to taxi - ship owner - responsibility for crews & operation Time: Rent Vessel & crew for period of time Bareboat/Demise: Long period - chartering party responsibility for crews & operation
The number of unions and the degree of their involvement in operations and labor management contributes to inefficiencies of the railroads
36. Commercial Invoice
Alcoholism in the workplace - Challenges of implementing new technology - Need to increase customer service - Challenges of growing intermodal service
83.8%
Accompanies shipment - Bill for the goods from the seller to the buyer - Often used by government to determine the true value of goods when assessing customs duties
Voyage: Time - Bareboat or demise Voyage: Similar to taxi - ship owner - responsibility for crews & operation Time: Rent Vessel & crew for period of time Bareboat/Demise: Long period - chartering party responsibility for crews & operation
37. Carriers' Technological and Equipment strategies to minimize costs
Economies of scale
Pricing according to product value or demand - higher value of the product - the higher the transportation price (risk of loss/damage..). Third Degree price discrimination: separate price for separate groups of buyers with same service. Must posses
Maximize the operational time of equipment - fuel efficient speeds - vahicle weight should be minimized - standardized equipment - equipment should be adapted to special market and commodity requirements.
100 tons
38. What is the empirical formula of the typical coal unit train in the US?
Pricing according to cost incurred to serve - Customer covers all costs - seller sets prices to maximize profits.
Is likely to stay and even get worse in the future
To promote interstate commerce and strengthen the defenses of the country
100 cars x 100 tons
39. 20/80 Rule
Crushed stone - gravel and sand
Less than 25 carriers handle 75 to 80% of total freight dollar.
Alcoholism in the workplace - Challenges of implementing new technology - Need to increase customer service - Challenges of growing intermodal service
Sysco - Tyson Foods - Coca-Cola - and Walmart
40. 1 Barge ship is equivalent to how many trucks?
FedEx - YRC - Conway - UPS - ABF
Economies of scope and density
58
ton-miles
41. Three kinds of ocean carriers
7%
Liner Shipping- ply fixed routes on published schedule - Tramp Shipping- charter ships - lease based on time or voyage - Private Vessels- ship registry; flags of convenience for regulations.
Interior Non-port cities
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit
42. Freight Revenue for Rail (per ton-mile)
About 2 cents per dollar
(Trucking) Class 1: income > $10M - Class 2: $3M<income<$10M
The use of two or more modes to move a shipment from origin to destination. -Malcom McLean first move freight by truck and rail in 1950.
15%~13%
43. How are interstate highways numbered?
Odd numbers: North to South highways - increase from west to east - Even numbers: East to West highways - increase from south to north
Moving a corporations internal activities to outside providers - mainly for cheap labor
A pumping station
Is likely to stay and even get worse in the future
44. Which government agency will investigate a major railroad accident involving public safety?
Boxcar - Hopper Car - Covered Hopper - Flatcar - Gondola - Tank Car
563
Motor: HH Goods - Heavy Machinery - Petroleum Products - Dump Trucking - Ag Commodities - Motor Vehicles - Retail Store Delivery
NTSB
45. A barge tow is capable of moving how many barges?
15
A pumping station
Consolidation of shipments to different destinations within the same general area.
NTSB
46. What must be used in intervals when transporting pulverized coal mixed with water at long distances?
A pumping station
Amenities/Accommodations - Direct flights to destination without layovers - More personal space in flight - In flight service personnel - No frills types of service (no perks)
Intermodal in character
Transfer of function to another country - can stay within the same company!
47. Land Bridge Services
Intermodal in character
LTL vs TL - Local vs Intercity Carriers - Publicly owned vs Privately owned - Specialized vs general freight
Sysco - Tyson Foods - Coca-Cola - and Walmart
Far east to east coast or Europe to west coast - final destination is US port city
48. Micro Bridge
Not the government - the railroads themselves
Interior Non-port cities
Showed a marked decline
15
49. Which type of railroad cargo has the highest tonnage share in the US?
Break bulk - Container service - LASH service (lighter aboard ship) - RORO service (roll on/off ship).
A pumping station
Coal
Covered Hopper
50. What is an approximate capacity of a hopper?
100 tons
Alcoholism in the workplace - Challenges of implementing new technology - Need to increase customer service - Challenges of growing intermodal service
Safety regulations - Evaluating fairness of disputed charged rates - Monitoring profitability of railroads - and Mergers and acquisitions
563
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