Question 1

What do the users of truck service benefit from?

Accepted Answer

A)  lower inventory levels due to smaller shipments that other modes 
B)  trailers come in a variety of configurations which fit to most types of freight 
C)  the fact that drivers will load and unload shipments 
D)  are the largest of the four modes 
A)  lower inventory levels due to smaller shipments that other modes 
B)  trailers come in a variety of configurations which fit to most types of freight 
C)  the fact that drivers will load and unload shipments 
D)  are the largest of the four modes A

Question 2

What do motor carriers haul primarily?

Accepted Answer

A)  paper and allied products 
B)  grain 
C)  coal and ore 
D)  various manufactured commodity categories 
A)  paper and allied products 
B)  grain 
C)  coal and ore 
D)  various manufactured commodity categories D

Question 3

Define whether a motor carrier's costs are more fixed or variable.Explain your answer.

Accepted Answer

A motor carrier cost structure is primarily variable with as much as 70 to 90 percent falling in that category.The primary reason for this is that the motor carrier does not bear the cost of the highways and does not have to maintain them whether or not the carrier uses them or not.Motor carriers can quickly increase or decrease equipment as business changes.The vast majority of carriers do not have terminals to maintain.Most of the carrier's cost are directly related to operating expense.
Labor accounts for as much as 50 percent of a carrier's expense.Those firms which are non-union can adjust the size of the work force quickly so as to avid excess labor costs.

Question 4

Do motor carriers experience economies of scale?

Accepted Answer

Generally they do not.Trailer sizes are

Question 5

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

Accepted Answer

PUD,break

Question 6

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 7

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 8

In 2006 how much was spend in the United States on highway transportation?

Accepted Answer

The answer of In 2006 how much was spend in...

Question 9

Discuss the current method of funding for highways and include your opinion as the fairness as it relates to the trucking industry.

Accepted Answer

Highway users,trucks and automobiles,pay

Question 10

What type of trailer can be hooked together in twos and threes?

Accepted Answer

A)  53 foot 
B)  48 foot 
C)  28 foot 
D)  non trailer can be hooked in a series of three 
A)  53 foot 
B)  48 foot 
C)  28 foot 
D)  non trailer can be hooked in a series of three

Question 11

There are several types of truck terminals.Which one is not part of the ones 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

Question 12

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 13

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 14

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 15

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 16

What is the primary division between motor carriers?

Accepted Answer

A)  Local and long haul 
B)  LTL and Truckload 
C)  Intrastate and interstate 
D)  For hire and private 
A)  Local and long haul 
B)  LTL and Truckload 
C)  Intrastate and interstate 
D)  For hire and private

Question 17

The decision as to terminal location:

Accepted Answer

A)  is relatively more difficult for trucking than other modes 
B)  is concerned with whether it is to be a line haul or PUD facility 
C)  is based on whether it is to serve a truckload or LTL carrier 
D)  is comparatively simple when contrasted with other management decisions 
A)  is relatively more difficult for trucking than other modes 
B)  is concerned with whether it is to be a line haul or PUD facility 
C)  is based on whether it is to serve a truckload or LTL carrier 
D)  is comparatively simple when contrasted with other management decisions

Question 18

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

Accepted Answer

A major related concern is that of alcoh

Question 19

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 20

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

What do the users of truck service benefit from?

What do motor carriers haul primarily?

Define whether a motor carrier's costs are more fixed or variable.Explain your answer.

Do motor carriers experience economies of scale?

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

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

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

In 2006 how much was spend in the United States on highway transportation?

Discuss the current method of funding for highways and include your opinion as the fairness as it relates to the trucking industry.

What type of trailer can be hooked together in twos and threes?

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

Where does funding for highways come from?

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

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

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

What is the primary division between motor carriers?

The decision as to terminal location:

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

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?

What is the largest single expense item for trucking firms?

Transportation: Critical Link in the Supply Chain

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

What do the users of truck service benefit from?

What do motor carriers haul primarily?

Define whether a motor carrier's costs are more fixed or variable.Explain your answer.

Do motor carriers experience economies of scale?

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

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

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

In 2006 how much was spend in the United States on highway transportation?

Discuss the current method of funding for highways and include your opinion as the fairness as it relates to the trucking industry.

What type of trailer can be hooked together in twos and threes?

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

Where does funding for highways come from?

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

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

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

What is the primary division between motor carriers?

The decision as to terminal location:

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

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?

What is the largest single expense item for trucking firms?

Transportation: Critical Link in the Supply Chain

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