18 Questions
What is the term for the degree of variation from contracted quantities that retailers usually accept?
Tolerance
What happens to a container after goods are delivered?
It is returned to the owner
What is the term for the transportation method that combines multiple modes of transport?
Intermodal
What is the purpose of a Container Freight Station (CFS)?
To store and consolidate goods from different factories
Why is it beneficial to fill a shipping container?
To reduce the shipping cost per item
What is typically used to transport goods to/from a Sea-/Air- Port or Rail Terminal?
Truck
What is the purpose of a Goods Receipt Note (GRN)?
To compare the received goods with the original Purchase Order
What proportion of containers arriving at UK sea-ports are carried inland via rail?
1 in 4
What is the main function of an Inspection Agent?
To inspect goods to check quality
What is the main benefit of using rail freight over road freight?
It is more environmentally friendly
What is the purpose of a Harmonised System (HS) Code?
To calculate the import duty tax
What is the term for freight equivalent to a Full Container Load (FCL)?
Full Truck Load (FTL)
What is the purpose of Incoterms?
To facilitate international trade
What is the purpose of a GSP Certificate?
To obtain preferential tariff rates
What is required for international shipments that is not required for domestic shipments?
Invoice and Packing List
What is the frequency at which the International Chamber of Commerce publishes Incoterms?
Every 10 years
What is the term for goods transported by more than one mode of shipment?
Intermodal
What is the term used to describe the transfer of risk and liability in international trade?
Risk and liability transfer
This quiz covers the various modes of transportation used to move goods from suppliers to retailers, including factors that influence the choice of mode and the importance of returning containers.
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