LSCM 4560 EXAM 2 QUESTIONS WITH VERIFIED
ANSWERS
The largest LTL carrier in the United States is: - Answers - FedEx Freight
Competition within the motor carrier industry can be characterized as: - Answers -
Limited competition between LTL carriers and intense competition between TL carriers
This form of motor carrier does not serve the general public but is a for-hire carrier -
Answers - Contract
Hours of service regulations: - Answers - Limit the number of on-duty and driving hours
a driver may perform
Deregulation has affected the motor carrier by: - Answers - Greatly expanding the
number of TL carriers and allowing greater concentration in the LTL industry
The Compliance, Safety, Accountability (CSA) program focuses on increasing motor
carrier safety by: - Answers - Providing a system that captures violations and
inspections to determine and compute a safety score for the carrier
Less than truckload (LTL) motor carriers transport only two percent of the tonnage
moved by trucks. When compared to private and truckload carriers on the amount of
revenue moved, LTL carriers: - Answers - Move only five percent of revenue and trail
both private and truckload carriers
Motor carriers compete effectively with rail carriers - Answers - In distances under 500
miles
Motor carriers have the greatest advantage in which of the following service and
operating characteristics? - Answers - Accessibility
The cost to operate a tractor trailer unit incurs several variable costs. The highest
variable cost ($/mile) for a trucking company is - Answers - Labor
An operating ratio of 92 percent for a motor carrier suggest: - Answers - 92 percent of
every revenue dollar is consumed by operating expenses
The carrier probably has a relatively low percentage of fixed costs
92 percent of revenue is directly spent on the transportation of freight
The Department of Transportation projects that by 2040, the volume of freight moved by
motor carriers will - Answers - Double due to a growing US economy and global trade
, The modal split is used for analyzing freight movements and performance. Motor
carriers move what percent of the total intercity ton-miles in the United States? -
Answers - 47%
Many motor carriers have advocated the use of longer combination vehicles (LCV)s.
These vehicles are: - Answers - Comprised of multiple trailers pulled by a single tractor
unit
Approximately how many interstate for-hire motor carriers operate in the United States?
- Answers - More than 400,000
This type of motor carrier requires a network of terminals to consolidate and distribute
freight, also known as a hub-and-spoke system - Answers - Less-than-truckload (LTL)
Driver turn-over represents a major issue for most carriers. The turn-over rate spiked in
2005, 2008, and 2012 hitting levels exceeding: - Answers - 100%
Regarding the total freight tonnage moved in the United States transportation system,
motor carriers dominate in - Answers - In moving finished goods distances under 500
miles
The interstate highway system exceeds 45,000 miles. Although the interstate system
represents only one percent of the US highway mileage, what proportion of the total
volume does it represent? - Answers - 20%
Several principles apply to vehicle routing. One of these principles applies to truck size.
The principle states "The most efficient routes are built: - Answers - using the largest
trucks available
You have been asked to develop a route for a single vehicle through a network of
customers and then return to the distribution center. Which of the following techniques
would you employ? - Answers - Closest next
A pick-up and delivery terminal employing a peddle and stem structure is employing
which of the following principles? - Answers - Load trucks with stop volumes in close
proximity to one another
This routing model considers whether multiple LTL or parcel shipments should occur on
a frequent basis or whether these shipments should be combined into larger, LTL or TL
shipments occurring less frequently. - Answers - The freight consolidation model
This approach begins by assigning a vehicle to each location. Routes are built by
combining located based on the greatest reduction in total miles. - Answers - Savings
ANSWERS
The largest LTL carrier in the United States is: - Answers - FedEx Freight
Competition within the motor carrier industry can be characterized as: - Answers -
Limited competition between LTL carriers and intense competition between TL carriers
This form of motor carrier does not serve the general public but is a for-hire carrier -
Answers - Contract
Hours of service regulations: - Answers - Limit the number of on-duty and driving hours
a driver may perform
Deregulation has affected the motor carrier by: - Answers - Greatly expanding the
number of TL carriers and allowing greater concentration in the LTL industry
The Compliance, Safety, Accountability (CSA) program focuses on increasing motor
carrier safety by: - Answers - Providing a system that captures violations and
inspections to determine and compute a safety score for the carrier
Less than truckload (LTL) motor carriers transport only two percent of the tonnage
moved by trucks. When compared to private and truckload carriers on the amount of
revenue moved, LTL carriers: - Answers - Move only five percent of revenue and trail
both private and truckload carriers
Motor carriers compete effectively with rail carriers - Answers - In distances under 500
miles
Motor carriers have the greatest advantage in which of the following service and
operating characteristics? - Answers - Accessibility
The cost to operate a tractor trailer unit incurs several variable costs. The highest
variable cost ($/mile) for a trucking company is - Answers - Labor
An operating ratio of 92 percent for a motor carrier suggest: - Answers - 92 percent of
every revenue dollar is consumed by operating expenses
The carrier probably has a relatively low percentage of fixed costs
92 percent of revenue is directly spent on the transportation of freight
The Department of Transportation projects that by 2040, the volume of freight moved by
motor carriers will - Answers - Double due to a growing US economy and global trade
, The modal split is used for analyzing freight movements and performance. Motor
carriers move what percent of the total intercity ton-miles in the United States? -
Answers - 47%
Many motor carriers have advocated the use of longer combination vehicles (LCV)s.
These vehicles are: - Answers - Comprised of multiple trailers pulled by a single tractor
unit
Approximately how many interstate for-hire motor carriers operate in the United States?
- Answers - More than 400,000
This type of motor carrier requires a network of terminals to consolidate and distribute
freight, also known as a hub-and-spoke system - Answers - Less-than-truckload (LTL)
Driver turn-over represents a major issue for most carriers. The turn-over rate spiked in
2005, 2008, and 2012 hitting levels exceeding: - Answers - 100%
Regarding the total freight tonnage moved in the United States transportation system,
motor carriers dominate in - Answers - In moving finished goods distances under 500
miles
The interstate highway system exceeds 45,000 miles. Although the interstate system
represents only one percent of the US highway mileage, what proportion of the total
volume does it represent? - Answers - 20%
Several principles apply to vehicle routing. One of these principles applies to truck size.
The principle states "The most efficient routes are built: - Answers - using the largest
trucks available
You have been asked to develop a route for a single vehicle through a network of
customers and then return to the distribution center. Which of the following techniques
would you employ? - Answers - Closest next
A pick-up and delivery terminal employing a peddle and stem structure is employing
which of the following principles? - Answers - Load trucks with stop volumes in close
proximity to one another
This routing model considers whether multiple LTL or parcel shipments should occur on
a frequent basis or whether these shipments should be combined into larger, LTL or TL
shipments occurring less frequently. - Answers - The freight consolidation model
This approach begins by assigning a vehicle to each location. Routes are built by
combining located based on the greatest reduction in total miles. - Answers - Savings
