Test your basic knowledge |

Transportation Logistics

Instructions:

Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

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. 1 Barge is equivalent to how many tons?
Specialized: $73 Billion - General: $146 Billion
Cargo can fit in an enclosed van trailer - Food - consumer staples - manufactured goods
Slip-Seating - Bob-Tailing - Hub-And-Spoke System - Drop-and-Hook
1500 tons

2. The problem of driver shortage in the US...
Safety regulations - Evaluating fairness of disputed charged rates - Monitoring profitability of railroads - and Mergers and acquisitions
83.8%
Is likely to stay and even get worse in the future
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.

3. What are the current trends in the US railroad?
Substantially higher
After World War 2
Increased use of technology - Gradual increase in the number of smaller railroads - Increase in intermodal shipments - Sharp growth in fuel efficiency of locomotives
FedEx - YRC - Conway - UPS - ABF

4. Near-shoring
Federal Railroad Administration (FRA)
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
100 cars x 100 tons
To save the railroads by giving them a chance to compete with other modes on equal footing

5. Pricing adjustment conditions
Discounts: reduction from published price. Volume: TL vs LTL - Seasonal - Cash 2/10 net 30 - Geographical- FOB origin/destination - Uniform delivered pricing: zone pricing.
Yes
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.
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit

6. On the average - per gallon of fuel - US railroads move a ton of freight...
484
High price for price insensitive customers.
Increased use of technology - Shorter length of haul - Growth of intermodal - Expected increase in rates due to expected capacity shortage - Convergence of LTL market with traditional integrators - Expanded menu of services - Active government lobbyi
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit

7. Line of credit process

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183

8. A barge tow is capable of moving how many barges?
15
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.
Fixed Costs: 30% - Semi-Variable Costs: 40% - Variable Costs: Labor and Gas
LTL vs TL - Local vs Intercity Carriers - Publicly owned vs Privately owned - Specialized vs general freight

9. 1 Barge ship is equivalent to how many trucks?
58
NTSB
Sysco - Tyson Foods - Coca-Cola - and Walmart
A batching pig

10. Main forms of Charter Ships
Few carriers handle more than 25% of total shipment - service disruptions problems if cease operation.
Use of low-sulfur diesel fuel - Use of biodiesel fuel - Cutting down on idling - Reducing traffic congestion
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
Main penalty is the cost of lost of sales by holding the shipment.

11. How to assess the operating ratio?
Continuous straight line movement - minimize intermediate handlings - maximize the full capacity of equipment - consolidation and break-bulk activities - empty mileage should be minimized - movement should be scheduled and dispatched.
The closer the operating ratio is to 100 - the more indicative of the possible need to raise rates to increase total revenues
Economies of scope and density
A batching pig

12. Examples of general freight
Cargo can fit in an enclosed van trailer - Food - consumer staples - manufactured goods
Break bulk - Relay - Pick up - Delivery
Water
1850-1950

13. Dock receipt
484
Transfers accountability between domestic and international carrier at the terminal
Far east to east coast or Europe to west coast - final destination is US port city
Moderate

14. Which phrase best characterizes the level of competition in the motor carrier industry?
Federal Railroad Administration (FRA)
80 - 000 lbs
The competition is intense in both TL and LTL segments
To promote interstate commerce and strengthen the defenses of the country

15. What is the trend for the miles of road over the past 50 years in the US railroad industry?
Showed a marked decline
Water (Barge Ships) at 0.72 per ton mile. The second lowest is Rail at 2.24 cents per ton mile.
58
Not the government - the railroads themselves

16. What was the rationale behind passing the Staggers Act of 1980?
100 cars x 100 tons
To save the railroads by giving them a chance to compete with other modes on equal footing
Terminal
563

17. Private Carrier
Completely different continent - different time zones.
Air
Move 1 single commodity and are non-stop to destination.
A trucking operation that only hauls freight for the firm which owns it

18. Skimming pricing
High price for price insensitive customers.
Safety regulations - Evaluating fairness of disputed charged rates - Monitoring profitability of railroads - and Mergers and acquisitions
Motor: HH Goods - Heavy Machinery - Petroleum Products - Dump Trucking - Ag Commodities - Motor Vehicles - Retail Store Delivery
A trucking operation that only hauls freight for the firm which owns it

19. LTL terminals are used for connections with these operations...
Is likely to stay and even get worse in the future
Economies of scope and density
Break Bulk - Pickup and Delivery - Line Haul - Slip-Seating
Expanding capacity to benefit from large volume traffic efficiencies and economies of scale - Strengthening financial position and eliminating duplication through side-by-side mergers - Ensuring fair intramodal competition through 'soft' mergers - St

20. Factors affecting Pricing decisions
Market Forces (customers) - Governmental Controls - Other channel member - Competition.
Consolidation
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
Completely different continent - different time zones.

21. What are the reasons for the relative decline of the US railroads after World War 2?
A longer combination vehicle towing more than one trailer
40% each to trade partners & 20% to 3rd world country to develop 3rd world ocean shipping industry - it happened to be inefficient.
Economies of scale
The trends in supply chain management called for faster and more frequent services and smaller inventories - so many shippers preferred trucks - - The newly built system of inland waterways swayed cost-conscious shippers to less expensive barge tran

22. What are the generally accepted classifications of railroads?
30 - 000 lbs and 300 miles
Economies of scope and density
Class 1 - Regional - Shortline - Switching and Terminal
Pricing according to cost incurred to serve - Customer covers all costs - seller sets prices to maximize profits.

23. The whole history of the US railroads is a history of...
Air carrier: highest at 80.4% - Truck: 26.6% - Rail:2.24% - Barge Ship: .72% - Oil Pipeline: 1.47%
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.
Break bulk - Container service - LASH service (lighter aboard ship) - RORO service (roll on/off ship).
Consolidation

24. Funding the railroads?
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
Not the government - the railroads themselves
7%
Boxcar - Hopper Car - Covered Hopper - Flatcar - Gondola - Tank Car

25. Drayage
About 2 cents per dollar
30 - 000 lbs and 300 miles
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
The pickup and delivery of trailers and containers in conjunction with a line-haul rail movement

26. Who has the highest number of coal carloads?
Provides rate for any commodity between any two points 1) Geogrphic: rate basis points and numbers 2) Commodity: commodity classification - class ratings 3) Rate structure: national scale of rates - cwt-based.
Wyoming
The competition is intense in both TL and LTL segments
anywhere between a quarter and a third of all highway travel

27. Did the US railroads have anything to do with the creation of world time zones?
Air carrier: highest at 80.4% - Truck: 26.6% - Rail:2.24% - Barge Ship: .72% - Oil Pipeline: 1.47%
Cash in advance - Letter of Credit - Documentary collection - Open account - TradeCard
Yes
Increased use of technology - Gradual increase in the number of smaller railroads - Increase in intermodal shipments - Sharp growth in fuel efficiency of locomotives

28. What is the difference between TOFC and COFC service?
Covering variable costs - volume and equipment utilization - and cash flow.
FedEx - YRC - Conway - UPS - ABF
One method moves the trailer on its wheels while the other moves the container
Main penalty is the cost of lost of sales by holding the shipment.

29. What is the approximate share of fixed costs of US railroads?
30%
Commercial Invoice - Pro-Forma Invoice - Consular Invoice
Safety regulations - Evaluating fairness of disputed charged rates - Monitoring profitability of railroads - and Mergers and acquisitions
Break bulk - Container service - LASH service (lighter aboard ship) - RORO service (roll on/off ship).

30. Haulage

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183

31. Micro Bridge
Transfers accountability between domestic and international carrier at the terminal
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.
Amenities/Accommodations - Direct flights to destination without layovers - More personal space in flight - In flight service personnel - No frills types of service (no perks)
Interior Non-port cities

32. Invoices
15%~13%
Consolidation of shipments to different destinations within the same general area.
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
Commercial Invoice - Pro-Forma Invoice - Consular Invoice

33. What is the current share of trucking in total transportation expenses is closest to...
83.8%
Slip-Seating - Bob-Tailing - Hub-And-Spoke System - Drop-and-Hook
563
Motor: HH Goods - Heavy Machinery - Petroleum Products - Dump Trucking - Ag Commodities - Motor Vehicles - Retail Store Delivery

34. Commercial Invoice
Connect buyer and seller- Use of outside firms (outsourcing) to provide own logistics support. Firms: Info-based... freight bill payment - auditing. Asset and operation-based: in/outbound transportation - warehousing...
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
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
A longer combination vehicle towing more than one trailer

35. What is the rationale behind passing a federal act in 1956 to create a national system of interstate highways?
Coal
Not the government - the railroads themselves
To promote interstate commerce and strengthen the defenses of the country
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.

36. Consolidation
Accessibility - Speed - Universal Connector - Reliability - Frequency - Lower Loss and Damage Rates - Lower Inventory levels due to smaller shipments than other modes
Slip-Seating - Bob-Tailing - Hub-And-Spoke System - Drop-and-Hook
Main penalty is the cost of lost of sales by holding the shipment.
Far east to east coast or Europe to west coast - final destination is US port city

37. Labor relations in the US railroad industry?
Move 1 single commodity and are non-stop to destination.
The number of unions and the degree of their involvement in operations and labor management contributes to inefficiencies of the railroads
A contract for transportation between a shipper and the carrier - also is a cargo receipt
1500 tons

38. 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
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit
High price for price insensitive customers.
Society and customer first.

39. Factors contributing to the decline of Railroad use
The development of the highway system - Limited access points - Long transit times - Safety of cargo during transit
After World War 2
Reduced highway congestion - damage and pollution as a result of replacing trucks as an alternative
ton-miles

40. Although the Interstate Highway System accounts for about 1% of total public road mileage - it carries...
Pipeline and Rail
anywhere between a quarter and a third of all highway travel
An agreement whereby one railroad pays a second carrier to transport its freight using the second carrier's crew and power equipment
Used for tax - manning - and relaxed regulation.

41. Core Carrier concept
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
Consolidate orders for several customers and stop along the way for partial unloading.
Wyoming
Few carriers handle more than 25% of total shipment - service disruptions problems if cease operation.

42. What is a public benefit of railroads?
Reduced highway congestion - damage and pollution as a result of replacing trucks as an alternative
250 - 000
Service levels - Frequent flyer programs - Timing of flights - In advance registration
Used for tax - manning - and relaxed regulation.

43. A pumping station requires 3-6000HP to move oil through a pipeline. To move more than 1 grade at same time what do you use?
Moving to neighboring country - NAFTA - because the places may have close cultural affinity.
Is likely to stay and even get worse in the future
A batching pig
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

44. Certificate of origin
Declaration of where product was made so that appropriate duties are charged
Covered Hopper
A longer combination vehicle towing more than one trailer
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

45. Social Responsibility pricing
Moderate
Motor: HH Goods - Heavy Machinery - Petroleum Products - Dump Trucking - Ag Commodities - Motor Vehicles - Retail Store Delivery
Yes
Society and customer first.

46. Third Party Logistics
Connect buyer and seller- Use of outside firms (outsourcing) to provide own logistics support. Firms: Info-based... freight bill payment - auditing. Asset and operation-based: in/outbound transportation - warehousing...
40% each to trade partners & 20% to 3rd world country to develop 3rd world ocean shipping industry - it happened to be inefficient.
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
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

47. In terms of tonnage moved by the whole US transportation - the share of railroads is close to this rounded number...
Air
484
15%~13%
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.

48. The number of for-hire motor carriers in the US currently falls somewhere in the middle of this range...
Connect buyer and seller- Use of outside firms (outsourcing) to provide own logistics support. Firms: Info-based... freight bill payment - auditing. Asset and operation-based: in/outbound transportation - warehousing...
250 - 000
Cargo can fit in an enclosed van trailer - Food - consumer staples - manufactured goods
484

49. What is an approximate capacity of a hopper?
100 tons
A contract for transportation between a shipper and the carrier - also is a cargo receipt
Truck safety requirements - Driver hours of service - User fee charges - Reduction of pollution from trucks
Break bulk - Container service - LASH service (lighter aboard ship) - RORO service (roll on/off ship).

50. Which economies are present in the US railroad industry?
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.
1850-1950
Economies of scale
With both - there are intermediary stops in between a route that serve as loading/consolidating or unloading of passengers/goods and then they are moved on to their final destinations.

Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?

Major Subjects
Tests & Exams AP CLEP DSST GRE SAT GMAT	Certifications CISSP go to https://www.isc2.org/ PMP ITIL RHCE MCTS More...	IT Skills Android Programming Data Modeling Objective C Programming Basic Python Programming Adobe Illustrator More...	Business Skills Advertising Techniques Business Accounting Basics Business Strategy Human Resource Management Marketing Basics More...
Soft Skills Body Language People Skills Public Speaking Persuasion Job Hunting And Resumes More...	Vocabulary GRE Vocab SAT Vocab TOEFL Essential Vocab Basic English Words For All Global Words You Should Know Business English More...	Languages AP German Vocab AP Latin Vocab SAT Subject Test: French Italian Survival Norwegian Survival More...	Engineering Audio Engineering Computer Science Engineering Aerospace Engineering Chemical Engineering Structural Engineering More...
Health Sciences Basic Nursing Skills Health Science Language Fundamentals Veterinary Technology Medical Language Cardiology Clinical Surgery More...	English Grammar Fundamentals Literary And Rhetorical Vocab Elements Of Style Vocab Introduction To English Major Complete Advanced Sentences Literature Homonyms More...	Math Algebra Formulas Basic Arithmetic: Measurements Metric Conversions Geometric Properties Important Math Facts Number Sense Vocab Business Math More...	Other Major Subjects Science Economics History Law Performing-arts Cooking Logic & Reasoning Trivia

Test your basic knowledge |

Transportation Logistics

Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?

Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests

Major Subjects

Tests & Exams

Certifications

IT Skills

Business Skills

Soft Skills

Vocabulary

Languages

Engineering

Health Sciences

English

Math

Other Major Subjects

Browse all subjects

Browse all tests

Most popular tests