Test your basic knowledge |

Transportation Logistics

Subject : business-skills
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. 20/80 Rule






2. Trackage


3. Labor relations in the US railroad industry?






4. Which economies are most prominent in the trucking industry?






5. What were the reasons for the erosion of the railroad dominance in transportation in the US?


6. Haulage


7. What terms describe a type of operation in trucking?






8. What is the rationale behind passing a federal act in 1956 to create a national system of interstate highways?






9. What is the difference between class 1 and class 2 carriers?






10. Which modes have the following cost structure: Low Variable and High Fixed?






11. How to assess the operating ratio?






12. What are the current trends in the US railroad?






13. Survival Based pricing






14. Skimming pricing






15. Which US federal government agency enforces safety regulations for railroads?






16. Funding the railroads?






17. Non-vessel operating common carriers (NVOCC)






18. What are the reasons for the relative decline of the US railroads after World War 2?






19. Categories of major pricing decisions






20. Freight Revenue for Rail (per ton-mile)






21. Stop-off






22. Highway weight limitation






23. Pro-Forma Invoice






24. Freight revenue for Modes (per ton-mile)






25. What is the current share of trucking in total transportation expenses is closest to...






26. What are the generally accepted classifications of railroads?






27. What is the trend for the miles of road over the past 50 years in the US railroad industry?






28. Examples of general freight






29. Factors affecting Pricing decisions






30. What is the approximate share of fixed costs of US railroads?






31. The number of for-hire motor carriers in the US currently falls somewhere in the middle of this range...






32. LTL terminals are used for connections with these operations...






33. Consular Invoice


34. Starting from which cargo weight and movement distance does it normally make sense to ship by rail?






35. Carriers' Technological and Equipment strategies to minimize costs






36. What are the service and public benefits of the railroad industry?


37. Ways to classify the motor carriers






38. Dock receipt






39. What aspects of the trucking industry is the US involved in?






40. Pricing adjustment conditions






41. What is a typical fixed cost item in the motor carrier industry?






42. How does the US railroad industry compete with other modes?






43. Line of credit process


44. Which mode has the highest carrying capacity?






45. Carrier's Operational strategies to minimize cost






46. Major commodities hauled by each mode






47. Which phrase best characterizes the level of competition in the motor carrier industry?






48. Pooling






49. Social Responsibility pricing






50. What are the two primary operational indicators in the railroad industry?