Exam 9: Domestic U.S.and Global Logistics

It is argued that transportation deregulation is good because:

In the text, Table 9.1 shows that for-hire logistics expenditures in the U.S., have _____________ in the past thirty-one years.

Suppose you have a shipment of products that needs to be transported.Explain the type of service that each of the following intermediaries offer? a.Freight forwarders b.Transportation brokers c.Shippers' Associations

Does risk pooling favor a centralized or decentralized warehousing system? Why?

Which of the following legislative acts is NOT in support of transportation deregulation?

Which of the following modes of cargo transport can be characterized as being the most inexpensive and very slow, yet good for transporting very heavy goods a long-distance?

Which of the following marked the end of the initial push by Congress to deregulate the entire U.S.transportation industry?

_______________ carry the majority of the world's water-transported manufactured goods.

When mistakes occur in deliveries along the supply chain, more safety stocks must be held, adversely impacting both customer service levels and costs.

A primary advantage for motor carriers is the weather.

Foreign-trade zones are:

With FOB pricing, a supplier is the legal owner of a product until the product reaches its destination.

Which of the following can aggregate cargo and arrange for the domestic or international shipment of members' cargo at favorable volume rates?

Since the deregulation of transportation in the U.S., negotiating transportation prices has become less common among business shippers and logistics providers.

Foreign-trade zones (FTZs) are secure sites within the European Union under the supervision of the EU Customs and Tarriffs.

Transportation management system (TMS) applications allow firms to find carriers, track fuel usage and product movements, and stock the shelves at customers' location.

List the five modes of transportation.For each mode provide a brief description (or examples) of the type of cargo that typically travels via that mode of transport.

Private warehouses refer to warehouses that are owned by the firm storing the goods.

It can be argued that transportation deregulation is good because it encourages competition and allows prices to adjust as supply, demand, and negotiations dictate.

In Europe, rail transportation tends to be much more prevalent and reliable than rail transportation in the U.S., because European track, facilities, and equipment are newer and better maintained.