Transportation Modes in Logistics
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Questions and Answers

What is the term for the degree of variation from contracted quantities that retailers usually accept?

  • Supply Chain Leeway
  • Variation Margin
  • Quantity Flexibility
  • Tolerance (correct)
  • What happens to a container after goods are delivered?

  • It is returned to the factory
  • It is kept by the retailer
  • It is returned to the owner (correct)
  • It is disposed of
  • What is the term for the transportation method that combines multiple modes of transport?

  • Multimodal
  • Monomodal
  • Intermodal (correct)
  • Unimodal
  • What is the purpose of a Container Freight Station (CFS)?

    <p>To store and consolidate goods from different factories</p> Signup and view all the answers

    Why is it beneficial to fill a shipping container?

    <p>To reduce the shipping cost per item</p> Signup and view all the answers

    What is typically used to transport goods to/from a Sea-/Air- Port or Rail Terminal?

    <p>Truck</p> Signup and view all the answers

    What is the purpose of a Goods Receipt Note (GRN)?

    <p>To compare the received goods with the original Purchase Order</p> Signup and view all the answers

    What proportion of containers arriving at UK sea-ports are carried inland via rail?

    <p>1 in 4</p> Signup and view all the answers

    What is the main function of an Inspection Agent?

    <p>To inspect goods to check quality</p> Signup and view all the answers

    What is the main benefit of using rail freight over road freight?

    <p>It is more environmentally friendly</p> Signup and view all the answers

    What is the purpose of a Harmonised System (HS) Code?

    <p>To calculate the import duty tax</p> Signup and view all the answers

    What is the term for freight equivalent to a Full Container Load (FCL)?

    <p>Full Truck Load (FTL)</p> Signup and view all the answers

    What is the purpose of Incoterms?

    <p>To facilitate international trade</p> Signup and view all the answers

    What is the purpose of a GSP Certificate?

    <p>To obtain preferential tariff rates</p> Signup and view all the answers

    What is required for international shipments that is not required for domestic shipments?

    <p>Invoice and Packing List</p> Signup and view all the answers

    What is the frequency at which the International Chamber of Commerce publishes Incoterms?

    <p>Every 10 years</p> Signup and view all the answers

    What is the term for goods transported by more than one mode of shipment?

    <p>Intermodal</p> Signup and view all the answers

    What is the term used to describe the transfer of risk and liability in international trade?

    <p>Risk and liability transfer</p> Signup and view all the answers

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