Question 1

What is one of the primary reasons for the growth of trucking after World War II?

Accepted Answer

A)  Trucks became larger and faster 
B)  Shippers liked the door to door service which trucks could provide 
C)  The Interstate Highway System was constructed which allowed trucks to give faster service over longer distances. 
D)  The railroads gave up on truck type freight and stopped seeking it. 
A)  Trucks became larger and faster 
B)  Shippers liked the door to door service which trucks could provide 
C)  The Interstate Highway System was constructed which allowed trucks to give faster service over longer distances. 
D)  The railroads gave up on truck type freight and stopped seeking it.

Question 2

The trucking industry is characterized by having:

Accepted Answer

A)  small investment requirements 
B)  easy sources of financing 
C)  high variable and low fixed costs 
D)  costly government requirements 
A)  small investment requirements 
B)  easy sources of financing 
C)  high variable and low fixed costs 
D)  costly government requirements

Question 3

The requirements for a truck driver's license are defined by:

Accepted Answer

A)  Federal Motor Carrier Safety Administration 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  The driver's home state 
A)  Federal Motor Carrier Safety Administration 
B)  National Highway Traffic Safety Board 
C)  Federal Highway Administration 
D)  The driver's home state

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

There is a relatively small amount of capitol required to:

Accepted Answer

A)  enter the private carriage business 
B)  the truckload industry 
C)  pick up and delivery sector 
D)  line haul sector 
A)  enter the private carriage business 
B)  the truckload industry 
C)  pick up and delivery sector 
D)  line haul sector

Question 6

Explain the difference between for- hire and a private carriers.

Accepted Answer

A for -hire carrier holds itse

Question 7

"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 8

What is the operating ratio,how is computed and what does it measure?

Accepted Answer

The operating ratio is a measurement of

Question 9

What does most of the of the trucking industry consists 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

Question 10

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

Accepted Answer

The primary advantage is accessibility s

Question 13

What is the reason that the Truck Load market can be considered as monopolistics competition?

Accepted Answer

With the low entrance to marke

Question 14

There are several service advantages to motor carrier.Name any three.

Accepted Answer

Flexibility,smooth ride,greate

Question 15

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

Question 16

What of the following is not one of the current issues facing the trucking industry in the future?

Accepted Answer

A)  Safety 
B)  Highway construction with its resultant delays 
C)  Technology 
D)  Financial Stability 
A)  Safety 
B)  Highway construction with its resultant delays 
C)  Technology 
D)  Financial Stability

Question 17

What is the current status of the rules covering drivers' hours of service?

Accepted Answer

As of January 3,2004,the FMCSA's driving

Question 18

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

Accepted Answer

The motor carrier industry consists of a

Question 19

What is a Private Carrier?

Accepted Answer

A)  a trucking firm whose stock is not listed on any of the stock exchanges 
B)  a trucking firm whose name does not appear on the equipment 
C)  a tricking operation that only hauls freight for the firm which owns it 
D)  a trucking firm that is not registered with the FMCSA 
A)  a trucking firm whose stock is not listed on any of the stock exchanges 
B)  a trucking firm whose name does not appear on the equipment 
C)  a tricking operation that only hauls freight for the firm which owns it 
D)  a trucking firm that is not registered with the FMCSA

What is one of the primary reasons for the growth of trucking after World War II?

The trucking industry is characterized by having:

The requirements for a truck driver's license are defined by:

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

There is a relatively small amount of capitol required to:

Explain the difference between for- hire and a private carriers.

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

What is the operating ratio,how is computed and what does it measure?

What does most of the of the trucking industry consists of?

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

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

What is the reason that the Truck Load market can be considered as monopolistics competition?

There are several service advantages to motor carrier.Name any three.

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

What of the following is not one of the current issues facing the trucking industry in the future?

What is the current status of the rules covering drivers' hours of service?

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

What is a Private Carrier?

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 is one of the primary reasons for the growth of trucking after World War II?

The trucking industry is characterized by having:

The requirements for a truck driver's license are defined by:

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

There is a relatively small amount of capitol required to:

Explain the difference between for- hire and a private carriers.

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

What is the operating ratio,how is computed and what does it measure?

What does most of the of the trucking industry consists of?

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

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

What is the reason that the Truck Load market can be considered as monopolistics competition?

There are several service advantages to motor carrier.Name any three.

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

What of the following is not one of the current issues facing the trucking industry in the future?

What is the current status of the rules covering drivers' hours of service?

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

What is a Private Carrier?

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