MKT 370: Transportation & Logistics Department of Management & Marketing College of Commerce & Business Administration Jacksonville State University Spring 2008
Exam # 3 Print Your Name: ______
MULTIPLE CHOICE ANSWER FORM
Your answers to the multiple choice questions MUST be recorded on this form for you to receive the appropriate credit. For each question, CLEARLY indicate the letter that corresponds to the answer you consider to be correct.
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370 Exam # 2 Spring 2008 1 This page intentionally left blank.
370 Exam # 2 Spring 2008 2 100 total points; 2.5 points each
Instructions: Read each question carefully, and select the most appropriate answer – there is only one answer for each question. Your answers to these objective questions MUST be recorded on the attached answer form for you to receive credit.
1. The most commonly-used mode in intermodal transportation is: A. air freight B. motor freight C. rail freight D. water freight
2. Assume you have a shipment being routed on Interstate 20 from Jacksonville, Al to Memphis, TN. This would be considered A. Intermodal freight B. Intrastate Commerce C. Water freight D. Interstate Commerce
3. The majority of rail movements involve A. Manufactured goods B. Bulk liquids and coal C. High value, heavy commodities D. Consumer goods
4. When a private motor freight carrier transports commodities for hire, it is typically considered a(n) A. Exempt for-hire carrier B. Contract carrier C. Non-exempt for-hire carrier D. In violation of regulations established & enforced by the I.C.C.
5. Funding for the highways used by the motor freight industry comes from A. Highway use taxes B. Income taxes C. Fines for speeding and other traffic offenses D. Low interest loans from the US government to the states
6. Out of all the line-haul railroads operating in the U.S., how many are considered Class 1 railroads? A. 930 B. 530 C. 53 D. 9
7. The standard container used in motor freight transportation is _____ feet long. A. 20 B. 40 C. 53 D. 84
370 Exam # 2 Spring 2008 3 8. Passenger transport accounts for how much of the air carrier industry’s revenues? A. 10% B. 13% C. 37% D. 73%
9. The basic unit of measurement for railroad freight handling is known as the A. Freight load B. Unit load C. Carload D. Capacity load
10. The number of people employed in the domestic water carrier industry is very similar to the A. Motor carrier industry B. Air carrier industry C. Rail carrier industry D. Pipeline industry
11. Mountain Airlines has annual operating revenues of less than $75 million with passenger hubs in Denver and Salt Lake City. This airline would be classified as a A. Major carrier B. National carrier C. Regional carrier D. Cargo only carrier
12. What medium is used to move coal in slurry lines? A. Compressed air B. Gas C. Water D. Vacuum
13. Given the most typical trailer length used in motor carrier transportation (the trailer in a semi-trailer combination), a rail flat car (80 feet) could handle how many of these trailers (single-stacked)? A. 1 B. 2 C. 3 D. 4
14. What is the largest single expense item for trucking firms? A. Fuel and taxes B. Labor C. Equipment purchases and maintenance D. Purchase, construction, and maintenance of rights-of-way
15. Which of the following is not required to carry cargo liability insurance? A. Surface freight forwarder B. Air freight forwarder C. Household goods carrier D. Freight broker
370 Exam # 2 Spring 2008 4 16. What is the only transportation industry that does not have a backhaul? A. Air B. Motor freight C. Pipeline D. Rail
17. Railroad per unit costs decline as traffic increases. What is the reason for this cost behavior? A. A high proportion of variable costs in the cost structure. B. A low proportion of fixed costs in the cost structure. C. Limited capital investment by the railroads D. A large proportion of fixed costs in the cost structure.
18. The major competitor for water carriers for the transportation of grain, coal, and ores would be A. Motor freight carriers B. Rail carriers C. Air carriers D. Pipelines
19. Giving the advantages of air transportation, this industry’s main competition would come from A. Motor freight carriers B. Rail carriers C. Water carriers D. Pipelines
20. Which federal act gave shippers the right to route their shipments? A. Elkins Act B. Hepburn Act C. Mann-Elkins Act D. Panama Canal Act
21. Which type of freight terminal is also known as a slip seat terminal? A. PUD Terminal B. Break Bulk Terminal C. Relay Terminal D. End-of-Line Terminal
22. Who owns and maintains the railcars for a unit train? A. Carrier B. Shipper C. Receiver D. Government
23. Which of the following Federal acts prohibited railroads from owning water carriers? A. Act to Regulate Commerce B. Emergency Transportation Act C. Mann-Elkins Act D. Panama Canal Act
370 Exam # 2 Spring 2008 5 24. Which area of the nation accounts for the largest number of motor carriers? A. Northeast B. Southeast C. Mid-west D. Northwest
25. How many FEU water containers can the standard rail flat car transport single-stacked? A. 1 B. 2 C. 3 D. 4
26. The “rubber ball” used in the pipeline industry is called a A. Separation cow B. Batching pig C. Oil division horse D. Pipe mule
27. Which of the following Federal Acts established the ICC? A. Act to Regulate Commerce B. Emergency Transportation Act C. Mann-Elkins Act D. Panama Canal Act
28. Most TL minimums are set at A. 10,000 – 20,000 lbs B. 20,000 – 30,000 lbs C. 30,000 – 40,000 lbs D. 40,000 – 50,000 lbs
29. How many TEU water containers can the standard rail flat car transport? A. 1 B. 2 C. 3 D. 4
30. The typical barge used in domestic water transportation can handle roughly the same tonnage as _____ number of trailers used in motor freight transportation. A. 6 B. 16 C. 60 D. 106
31. Which of the following federal acts granted antitrust immunity for joint rate making? A. Reed-Bulwinkle Act B. Rail Staggers Act C. Railroad Revitalization & Regulatory Reform Act D. Emergency Transportation Act
370 Exam # 2 Spring 2008 6 32. A rail car with no top, a flat bottom, & fixed sides is called a A. Boxcar B. Hopper car C. Tank car D. Gondola
33. The majority of private domestic water carriers haul their freight on the A. Internal waterways B. Coastal waterways C. Great Lakes D. Split fairly equally across all three types of waterways
34. Which of the following federal acts began the implementation of rail abandonment and merger controls? A. Reed-Bulwinkle Act B. Rail Staggers Act C. Railroad Revitalization & Regulatory Reform Act D. Emergency Transportation Act
35. The typical barge used by domestic water carriers can haul _____ tons. A. 100 – 250 B. 500 – 1000 C. 1500 – 3000 D. 5000 – 9000
36. Which of the following federal agencies is responsible for encouraging ship owners to flag their vessels in the U.S.? A. Navy B. Maritime Administration C. Surface Transportation Board D. Department of Transportation
37. During times of peace, the U.S. Coast Guard operates as part of the A. Navy B. Maritime Administration C. Surface Transportation Board D. Department of Transportation
38. A typical trunk line in the pipeline industry has a diameter of A. 8” B. 20” C. 28” D. 30”
39. Sleeper teams are, in essence, replacing the A. PUD Terminal B. Break Bulk Terminal C. Relay Terminal D. End-of-Line Terminal
370 Exam # 2 Spring 2008 7 40. The vast majority of states limit tractor-trailer combos with 5 axles to a maximum gross weight of A. 30,000 lbs. B. 50,000 lbs. C. 60,000 lbs. D. 80,000 lbs.
End of the Exam
Please ensure that your answers are clearly recorded on the attached answer form. They do NOT count unless they are so recorded.
370 Exam # 2 Spring 2008 8