Question 1

There are several types of truck terminals.Which one is not used by LTL carriers?

Accepted Answer

A)  fuel terminals 
B)  PUD terminals 
C)  Break bulk terminals 
D)  Relay terminals 
A)  fuel terminals 
B)  PUD terminals 
C)  Break bulk terminals 
D)  Relay terminals A

Question 2

There are at least three types of terminals.Name two.

Accepted Answer

PUD,break bulk,relay

Question 3

What does most of the trucking industry consist of?

Accepted Answer

A)  carriers operating 6 or fewer trucks 
B)  private trucking 
C)  LTL carriers 
D)  specialized carriers 
A)  carriers operating 6 or fewer trucks 
B)  private trucking 
C)  LTL carriers 
D)  specialized carriers A

Question 4

Several significant issues currently face the motor carriers.Pick two,define and discuss.

Accepted Answer

Safety is one of the biggest issues with

Question 5

What is one of the service characteristics of the trucking industry?

Accepted Answer

A)  Trucks are built to fit on existing highways 
B)  Trucks have a speed advantage for shipments less than 500 miles 
C)  Truck rates are cheaper than rail or air 
D)  Trucks are easier to load than rail cars 
A)  Trucks are built to fit on existing highways 
B)  Trucks have a speed advantage for shipments less than 500 miles 
C)  Truck rates are cheaper than rail or air 
D)  Trucks are easier to load than rail cars

Question 6

Looking at your profit and loss statement you note that you have operating expenses of $10M and operating revenue of $14M,what is your operating ratio?

Accepted Answer

A)  140.00 
B)  68.12 
C)  71.41 
D)  Not enough information to tell 
A)  140.00 
B)  68.12 
C)  71.41 
D)  Not enough information to tell

Question 7

Discuss the impact drug and alcohol abuse on the trucking industry.To deal with this safety concern what steps have companies taken?

Accepted Answer

A major related concern is that of alcoh

Question 8

Which agency within the Department of Transportation governs specifications of trucks such as number of lights,tires and other operating parts?

Accepted Answer

A)  Surface Transportation Board 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  Federal Motor Carrier Safety Administration 
A)  Surface Transportation Board 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  Federal Motor Carrier Safety Administration

Question 9

What is the largest single expense item for trucking firms?

Accepted Answer

A)  Fuel and taxes 
B)  Equipment purchases and maintenance 
C)  Labor 
D)  Insurance and management salaries 
A)  Fuel and taxes 
B)  Equipment purchases and maintenance 
C)  Labor 
D)  Insurance and management salaries

Question 10

Where does funding for highways come from?

Accepted Answer

A)  income taxes 
B)  highway user taxes 
C)  state income taxes 
D)  block grants from the federal government 
A)  income taxes 
B)  highway user taxes 
C)  state income taxes 
D)  block grants from the federal government

Question 11

There are three types of terminals which are used by a trucking firm.Define and discuss each type and indicate if they are unique to any one type of trucking firm.

Accepted Answer

There are three types of terminals.They

Question 12

"There are _____ economies of scale in the trucking industry."

Accepted Answer

A)  Significant 
B)  no major 
C)  management driven opportunities for 
D)  some government suggested 
A)  Significant 
B)  no major 
C)  management driven opportunities for 
D)  some government suggested

Question 13

What mode or segment of a mode generates the most severe competition for the for hire carriers?

Accepted Answer

The answer of What mode or segment of a mode...

Question 14

All carriers receive a safety fitness rating.Who makes the inspection and determines the rating?

Accepted Answer

A)  Surface Transportation Board 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  Federal Motor Carrier Safety Administration 
A)  Surface Transportation Board 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  Federal Motor Carrier Safety Administration

Question 15

There are several general service characteristics which favor the trucking industry.Name and discuss at least three.

Accepted Answer

The primary advantage is accessibility s

Question 16

LTL carriers must make the same type of equipment decisions as TL along with deciding:

Accepted Answer

A)  what commodities to haul 
B)  where to deploy this equipment 
C)  line haul versus PUD 
D)  what color to paint the trucks 
A)  what commodities to haul 
B)  where to deploy this equipment 
C)  line haul versus PUD 
D)  what color to paint the trucks

Question 17

What type of trailer can be coupled in twos and threes?

Accepted Answer

A)  53 foot 
B)  48 foot 
C)  28 foot 
D)  no trailer can be hooked in a series of three 
A)  53 foot 
B)  48 foot 
C)  28 foot 
D)  no trailer can be hooked in a series of three

Question 18

What is the status of competition within the motor carrier industry?

Accepted Answer

A)  Only carriers of the same type compete against each other such LTL versus LTL or TL versus TL carriers. 
B)  For hire carriers only compete against private carriers 
C)  The industry is highly competitive with competition between all carriers as well as with firms such as United Parcel Service and FedEx 
D)  Truckload carriers only compete with contract carriers 
A)  Only carriers of the same type compete against each other such LTL versus LTL or TL versus TL carriers. 
B)  For hire carriers only compete against private carriers 
C)  The industry is highly competitive with competition between all carriers as well as with firms such as United Parcel Service and FedEx 
D)  Truckload carriers only compete with contract carriers

Question 19

Why are there so many motor carriers,particularly in the Truck Load sector?

Accepted Answer

The motor carrier industry consists of a

Question 20

The Federal Highway Trust Fund pays for what percentage of construction cost on the interstate highway system?

Accepted Answer

A)  25% 
B)  100% 
C)  90% 
D)  None 
A)  25% 
B)  100% 
C)  90% 
D)  None

There are several types of truck terminals.Which one is not used by LTL carriers?

There are at least three types of terminals.Name two.

What does most of the trucking industry consist of?

Several significant issues currently face the motor carriers.Pick two,define and discuss.

What is one of the service characteristics of the trucking industry?

Looking at your profit and loss statement you note that you have operating expenses of $10M and operating revenue of $14M,what is your operating ratio?

Discuss the impact drug and alcohol abuse on the trucking industry.To deal with this safety concern what steps have companies taken?

Which agency within the Department of Transportation governs specifications of trucks such as number of lights,tires and other operating parts?

What is the largest single expense item for trucking firms?

Where does funding for highways come from?

There are three types of terminals which are used by a trucking firm.Define and discuss each type and indicate if they are unique to any one type of trucking firm.

"There are _____ economies of scale in the trucking industry."

What mode or segment of a mode generates the most severe competition for the for hire carriers?

All carriers receive a safety fitness rating.Who makes the inspection and determines the rating?

There are several general service characteristics which favor the trucking industry.Name and discuss at least three.

LTL carriers must make the same type of equipment decisions as TL along with deciding:

What type of trailer can be coupled in twos and threes?

What is the status of competition within the motor carrier industry?

Why are there so many motor carriers,particularly in the Truck Load sector?

The Federal Highway Trust Fund pays for what percentage of construction cost on the interstate highway system?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

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Exam 5: Motor Carriers

There are several types of truck terminals.Which one is not used by LTL carriers?

There are at least three types of terminals.Name two.

What does most of the trucking industry consist of?

Several significant issues currently face the motor carriers.Pick two,define and discuss.

What is one of the service characteristics of the trucking industry?

Looking at your profit and loss statement you note that you have operating expenses of $10M and operating revenue of $14M,what is your operating ratio?

Discuss the impact drug and alcohol abuse on the trucking industry.To deal with this safety concern what steps have companies taken?

Which agency within the Department of Transportation governs specifications of trucks such as number of lights,tires and other operating parts?

What is the largest single expense item for trucking firms?

Where does funding for highways come from?

There are three types of terminals which are used by a trucking firm.Define and discuss each type and indicate if they are unique to any one type of trucking firm.

"There are _____ economies of scale in the trucking industry."

What mode or segment of a mode generates the most severe competition for the for hire carriers?

All carriers receive a safety fitness rating.Who makes the inspection and determines the rating?

There are several general service characteristics which favor the trucking industry.Name and discuss at least three.

LTL carriers must make the same type of equipment decisions as TL along with deciding:

What type of trailer can be coupled in twos and threes?

What is the status of competition within the motor carrier industry?

Why are there so many motor carriers,particularly in the Truck Load sector?

The Federal Highway Trust Fund pays for what percentage of construction cost on the interstate highway system?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters