Maritime Transportation Exam Questions - 547 Verified Questions

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Course Introduction

Maritime Transportation Exam Questions

Maritime Transportation is a comprehensive course that explores the fundamental principles and practices of moving goods and passengers by sea. The course covers the structure and operation of shipping industries, vessel types, cargo handling, navigation, port management, maritime logistics, and international maritime regulations. Students will gain insights into shipping economics, environmental considerations, safety protocols, and emerging technologies shaping global trade via maritime routes. Through case studies and practical examples, the course emphasizes the critical role that maritime transportation plays in the global supply chain and economic development.

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Transportation A Global Supply Chain Perspective 8th Edition by John J. Coyle

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14 Chapters

547 Verified Questions

547 Flashcards

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Chapter 1: Global Supply Chains: The Role and Importance of Transportation

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Sample Questions

Q1) What positive outcomes have occurred in the global economy with increase interdependence:

A) Lower prices

B) Wider availability of goods

C) New employment opportunities

D) All of the above

Answer: D

Q2) Describe the three phases of development for supply chain concept. Answer: The three phases are: physical distribution,business logistics,and supply chain management.Physical distribution was developed during the 1960s with a focus on the outbound side of a producer.In other words,after a product was produced until it reached the customer with a focus upon minimizing the total cost of that phase.Business logistics added the inbound side with a continued focus upon lowest total cost.The third phase was supply chain management which focused on the extended enterprises and the three major flows-products,information and cash.

Q3) Why was the development of the internet such an important external change agent? Answer: It made information available in real time to large segments of the population via their personal computers and other devices.

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Chapter 2: Transportation: The Critical Link in the Economy

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Sample Questions

Q1) Transportation provides what critical link in the global economy?

Answer: Transportation provides for the link between producers and consumers.

Q2) What percentage of ton mile traffic in the U.S.is carried by air?

A) 4%

B) 10%

C) 15%

D) None of the above

Answer: D

Q3) Aggregate transportation expenditures are about what percentage of GDP in the U.S.?

A) 1%

B) 10%

C) 15%

D) 20%

Answer: C

Q4) Why is transportation considered a cost center in the firm?

Answer: Changes in price of transportation will impact the price of products without impacting its form.

Q5) What was the purpose of the Kelly Act?

Answer: Grant airmail contracts to private carriers

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Chapter 3: Transportation Regulation and Public Policy

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Sample Questions

Q1) User fees:

A) do not impact wasteful use

B) Are designed to discourage use of a facility by private firms

C) may equalize intermodal competition

D) encourage private investment

Answer: C

Q2) States can regulate:

A) interstate commerce

B) interstate commerce if it terminates in that state

C) certain safety issues that do not create an undue burden on interstate commerce

D) intrastate commerce if it originates and terminates in that state

Answer: D

Q3) What agency was created to secure America from terrorist attacks?

A) Coast Guard

B) Department of Homeland Security

C) The Special Forces

D) Federal Bureau of Investigation

Answer: B

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5

Chapter 4: Costing and Pricing in Transportation

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Sample Questions

Q1) An oligopoly can be defined as:

Q2) Carrier pricing decisions fall into three categories.The categories are setting prices for a new service,modifying prices over time,and:

A) responding to price changes.

B) reacting to government policies.

C) anticipating future market conditions.

D) changing prices in response to government instruction.

Q3) Value of service pricing is based on the concept which states:

A) shippers should pay rates high enough to insure a high profit for the carrier.

B) carriers should set prices based on the level of service they offer

C) rates should be related to value of the commodity - the higher the value of the commodity the higher the rate should be

D) shippers should offer a price that they feel is fair in relation to the service offered.

Q4) What are the most common mistakes in carrier pricing?

Q5) Define and discuss Cost of Service Pricing.

Q6) What is the current status of rates under deregulation?

Q7) What is the definition of value of service pricing?

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Chapter 5: Motor Carriers

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Sample Questions

Q1) What is the primary division between motor carriers?

A) Local and long haul

B) LTL and Truckload

C) Intrastate and interstate

D) For hire and private

Q2) 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?

A) 140.00

B) 68.12

C) 71.41

D) Not enough information to tell

Q3) There are at least three types of terminals.Name two.

Q4) What is the largest single expense item for trucking firms?

A) Fuel and taxes

B) Equipment purchases and maintenance

C) Labor

D) Insurance and management salaries

Q5) 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.

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Chapter 6: Railroads

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Sample Questions

Q1) Railroad carloadings have declined since 1900.What is the primary reason for the decline?

A) competition by foreign transportation

B) fuel efficient smaller cars

C) reduction in line trackage

D) larger cars and increasing car productivity

Q2) After the passage of the Staggers Rail Act of 1980 the railroads have improved service to their customers.Describe these areas of improvement.

Q3) Discuss the legislative reform which has occurred since 1973.How did each new law impact the railroad industry? You need not include the legislation which started Amtrak.

Q4) Define Intramodal.

Q5) Piggyback service was designed for increase service levels to intermodal customers.What are the characteristics of this traffic?

Q6) Rail is considered an oligopolistic market structure because:

Q7) As of 2012 what was the return on investment in the rail industry?

Q8) Discuss some of the elements of rail road industry's cost structure

Q9) What is a "unit train" and what are the advantages and disadvantages of unit trains?

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Chapter 7: Airlines

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Sample Questions

Q1) If aviation fuel is at $2.60 a gallon,what is the price of fuel consumed per hour on a B747?

A) $2,000

B) $6,822

C) $7,163

D) $8,869

Q2) Most airline revenues arise from:

A) freight shipments.

B) baggage shipments.

C) passenger travel.

D) aircraft leasing and support services to private aviation

Q3) Why do business people pay more for airline travel?

A) The expense of the travel is paid for by their company and the business traveler demands more services than the leisure traveler.

B) They usually arrive and depart during low-demand periods.

C) They have to keep more rigid schedules.

D) Their travel expense is tax deductible and they can afford higher fares to offset the lower fares charges to leisure travelers.

Q4) Describe the factors that affect price in the airline industry.

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Chapter 8: Water Carriers and Pipelines

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Sample Questions

Q1) Which is the first major classification of water carriers?

A) company-owned and exempt carriers

B) for hire and private carriers

C) exempt and private carriers

D) regulated and exempt carriers

Q2) Which two factors have contributed to joint ownership of large-diameter pipelines?

A) high variable costs of ownership and low rates

B) economies of scale and high fixed costs of ownership

C) government regulation and development funds

D) rail competition and the growth of domestic water transport

Q3) Transit time via water transportation is the longest of the four primary modes commodities.This modal service disadvantage has to be traded-off against the low-cost to the shipper for the transport of commodities.This tradeoff usually makes water transport attractive for which commodities?

A) automobiles and construction machinery

B) large, bulky and oversized shipments

C) basic raw materials

D) inventory items

Q4) Discuss and describe the competition as it relates to the water carriers.

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Chapter 9: Transportation Risk Management

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Sample Questions

Q1) The process which provides a baseline evaluation of risk in a rapid and cost-effective manner is known as:

A) Quantitative risk analysis

B) Event management software

C) Qualitative risk analysis

D) Risk avoidance

Q2) The objectives of the risk management process are:

Q3) Not putting all your "eggs in one basket" is what type of strategy?

A) Postponement

B) Buffering

C) Hedging

D) Transfer

Q4) What is the purpose of transportation insurance.

Q5) In 2013,there were ____ reported pirate attacks on ocean going vessels worldwide?

A) 2,064

B) 640

C) 264

D) 64

Q6) How can countries promote a more secure transportation system?

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Chapter 10: Global Transportation Planning

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Sample Questions

Q1) Which type of INCOTERM is used when the importer takes total responsibility for a shipment at the origin point?

A) C

B) D

C) E

D) F

Q2) What is the purpose of Incoterms?

Q3) Which INCOTERM obligates the exporter to incur all costs related to delivery of the shipment to the foreign destination?

A) C

B) D

C) E

D) F

Q4) What is the purpose of payment terms?

Q5) When a company purchases international freight insurance it is practicing:

A) Risk transfer

B) Risk elimination

C) Risk retention

D) Risk acceptance

Q6) What types of challenges must global transportation managers deal with?

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Chapter 11: Global Transportation Execution

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Sample Questions

Q1) What is a Foreign Trade Zone?

Q2) What are ocean shipping rates based upon?

Q3) What type of freight is loaded into or onto storage equipment at the origin and delivered to the destination in or on that same piece of equipment with no additional handling?

A) Transload freight

B) Containerized freight

C) Intermodal freight

D) Landbridge freight

Q4) On a value basis,what percentage of intercontinental containerized trade volume is moved by ocean?

A) 80%

B) 60%

C) 98%

D) 72%

Q5) Containerships are built specifically for the purpose of moving:

A) 20 and 30 feet containers

B) 30 and 40 feet containers

C) 30 and 53 feet containers

D) 20 and 40 feet containers

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Chapter 12: Third Party Logistics

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Source URL: https://quizplus.com/quiz/14023

Sample Questions

Q1) What group of 3PLs does not own equipment,they instead arrange transportation services?

A) Forwarder based

B) Financial based

C) Distribution based

D) Transportation based

Q2) While many 3PLs have expertise in some of the special service areas,leading 3PLs are pursuing two additional capabilities,these are:

Q3) Describe the potential strategic needs of 3PL users.

Q4) What is one of the strengths of an Asset Based 3PL?

A) Ability to provide direct and immediate solutions

B) Flexibility with respect to fixed assets

C) Not limited to internal infrastructure

D) Likely to create innovative solutions

Q5) A financial base 3PL does what?

Q6) What type of 3PL originated from the public or contract warehousing business?

A) Forwarder based

B) Financial based

C) Distribution based

D) Transportation based

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Chapter 13: Private Transportation and Fleet Management

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35 Verified Questions

35 Flashcards

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Sample Questions

Q1) What does the term private transportation mean?

Q2) What is the fixed cost per mile for long distance refrigerated products?

A) $1.90

B) $0.037

C) $0.27

D) $0.47

Q3) Describe private rail transportation.

Q4) High product density is considered:

A) < 15lbs/feet cubed

B) <10lbs/feet cubed

C) <30lbs/feet cubed

D) <5 lbs./feet cubed

Q5) Finance lease only includes:

A) capital costs and license and registration

B) capital cost and heavy maintenance

C) capital costs alone

D) capital cost and normal preventative maintenance

Q6) License and registration cost are determined by?

Q7) Why do firms engage in private water transportation? What are the advantages of such service and what types of firms are likely to have their own fleets?

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Chapter 14: Issues and Challenges of Global Supply Chains

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35 Flashcards

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Sample Questions

Q1) What is meant by the term,carbon footprint?

A) Truck length

B) Fuel consumption

C) Number of accidents / year

D) CO2 emissions

Q2) In transportation,this axiom "Don't Ship Air" refers to:

A) Bubble wrap

B) Empty Barrels

C) Air Balloons

D) Empty space in equipment

Q3) The railroads shortfall over the next 20 years for infrastructure is about?

A) $10 billion

B) $20 billion

C) $30 billion

D) $50 billion

Q4) What country is top in terms of vessel calls?

A) China

B) U.S.

C) Japan

D) Brazil

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