Podcast
Questions and Answers
Which Incoterm requires the seller to ensure the export clearance and cover the costs of carriage to the agreed destination?
Which Incoterm requires the seller to ensure the export clearance and cover the costs of carriage to the agreed destination?
- DAT
- CPT (correct)
- CIP
- DAP
Which Incoterm requires the seller to deliver the goods at the place agreed with the buyer, covering all transportation, delivery, and unloading costs?
Which Incoterm requires the seller to deliver the goods at the place agreed with the buyer, covering all transportation, delivery, and unloading costs?
- DAT
- DAP (correct)
- CIP
- CPT
Which Incoterm requires the seller to cover the goods for loss or damage during transport?
Which Incoterm requires the seller to cover the goods for loss or damage during transport?
- CPT
- DAP
- DAT
- CIP (correct)
Under which Incoterm is the delivery considered done when the goods are shipped at the buyer's agreed destination place?
Under which Incoterm is the delivery considered done when the goods are shipped at the buyer's agreed destination place?
Which Incoterm requires the seller to assure the delivery and unloading of the goods in the destination terminal agreed with the buyer?
Which Incoterm requires the seller to assure the delivery and unloading of the goods in the destination terminal agreed with the buyer?
Which Incoterm does not require the seller to cover the export clearance?
Which Incoterm does not require the seller to cover the export clearance?
What is the main characteristic of fixed-cost components in transportation costs?
What is the main characteristic of fixed-cost components in transportation costs?
Which of the following is an example of a variable cost in transportation?
Which of the following is an example of a variable cost in transportation?
What is the primary function of terminals in transportation?
What is the primary function of terminals in transportation?
Which mode of transportation is typically used to transport bulky commodities over long distances?
Which mode of transportation is typically used to transport bulky commodities over long distances?
What is the main advantage of rail transportation?
What is the main advantage of rail transportation?
What is the primary mode of transportation used in the domestic supply chain?
What is the primary mode of transportation used in the domestic supply chain?
What is the responsibility of the seller under the FAS clause?
What is the responsibility of the seller under the FAS clause?
Which of the following is NOT a primary factor influencing transportation costs?
Which of the following is NOT a primary factor influencing transportation costs?
What does the CFR clause imply?
What does the CFR clause imply?
What is the main difference between the CFR and CIF clauses?
What is the main difference between the CFR and CIF clauses?
Under which clause is the seller responsible for delivery of goods at the port of destination?
Under which clause is the seller responsible for delivery of goods at the port of destination?
What is the common obligation of the seller under all the clauses mentioned?
What is the common obligation of the seller under all the clauses mentioned?
What is the primary purpose of interconnecting with other carriers of the same or different modes?
What is the primary purpose of interconnecting with other carriers of the same or different modes?
Who is responsible for providing the weight of a shipment?
Who is responsible for providing the weight of a shipment?
What is the term used to describe the ability of carriers to communicate shipment tracking information to shippers?
What is the term used to describe the ability of carriers to communicate shipment tracking information to shippers?
What is the purpose of expediting a shipment?
What is the purpose of expediting a shipment?
What is the term used to describe the costs of paperwork and invoicing the shipper?
What is the term used to describe the costs of paperwork and invoicing the shipper?
What is the term used to describe the fourth industrial revolution?
What is the term used to describe the fourth industrial revolution?
What is a primary factor that contributed to reduced manufacturing costs during the second industrial revolution?
What is a primary factor that contributed to reduced manufacturing costs during the second industrial revolution?
What is the primary focus of the fourth industrial revolution?
What is the primary focus of the fourth industrial revolution?
What role does logistics play in the Industry 4.0 era?
What role does logistics play in the Industry 4.0 era?
How can blockchain be used to improve food safety?
How can blockchain be used to improve food safety?
What is a challenge faced by logistics in tracking and monitoring product recalls?
What is a challenge faced by logistics in tracking and monitoring product recalls?
What is a potential benefit of using blockchain in container shipping?
What is a potential benefit of using blockchain in container shipping?
