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 (B)</p> Signup and view all the answers

Why is it beneficial to fill a shipping container?

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

What is the main function of an Inspection Agent?

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

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

<p>To calculate the import duty tax (B)</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) (A)</p> Signup and view all the answers

What is the purpose of Incoterms?

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

What is the purpose of a GSP Certificate?

<p>To obtain preferential tariff rates (D)</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 (A)</p> Signup and view all the answers

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

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

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

<p>Intermodal (A)</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 (B)</p> Signup and view all the answers

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