LSCM 4560 QUIZ #2 TRANSPORTATION IN THE UNITED STATES QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

LSCM 4560 QUIZ #2 TRANSPORTATION IN THE UNITED STATES QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 During the last decade, the number of transportation-related fatalities on US highways has been greatly affected by: - Answers the price of gasoline and diesel Ocean-going containerships have become a lucrative target for pirates because: - Answers Containerships have a small number of crew members, carry large volumes of expensive cargo, and must often travel through narrow straits Logistics costs as a percent of GDP have: - Answers Steadily trended downward but have fluctuated in recent years due to higher fuel prices and the recession Which of the following entities spends the most for transportation infrastructure? - Answers US state and local governments The amount of freight moved in the United States: - Answers As shown a steady increase over time, except for recessionary periods, due to the overall growth of the economy The demand for freight transportation has been characterized as derived demand. Freight demand is derived from: - Answers the demand for goods Transportation as a logistics process performs two major functions which include: - Answers movement and storage Transportation has played an important role in the defense of the United States. Which of the following transportation projects was developed to enhance the ability to defend the country? - Answers the interstate highway system Logistics expenditures in the United States represent the equivalent of what proportion of US gross domestic product? - Answers 7.4% Higher fuel prices affect the design of logistics and supply chain networks by: - Answers Increasing the number of distribution centers and increasing the level of inventory held The US spends approximately $1.4 trillion annually on logistics activities. Transportation is approximately what percent of total logistics expenditures - Answers Over 50% The demand for freight transportation is frequently referred to as derived demand. This reference stems from - Answers The demand for a product at a distant location resulting in the demand for movement of the product Transportation plays a major role in national defense. The Eisenhower administration: - Answers built the interstate highway system to enhance the ability to defend against foreign attack The amount of money spent on trucking, as reported by CSCMP in their most current annual State of Logistics report, represents what proportion of total logistics expenditures in the US? - Answers 52 percent Diesel prices are expected to steadily rise during the upcoming decade. Logistics and supply chain professionals will probably respond by: - Answers Restructuring their supply chains to dampen the effect of fuel prices The US has invested trillions of dollars in transportation infrastructure. This investment stems from the importance of transportation. We can best explain the importance of transportation by - Answers The dependence of our society on transportation to move goods from source of production to where they are consumed Place utility occurs when - Answers Goods are moved to places where their total landed cost is at or below the price consumers are willing to pay Which of the following is not a major issue associated with transportation - Answers Limiting access and trade by US companies to international markets Transportation accounts for approximately what percent of the average household's expenditures? - Answers 16-19% (17%) Which of the following statements best describes the recent trends in passenger transportation? - Answers Passenger transportation had been growing faster than GDP but actually declined when fuel prices spiked in 2008; however, the growth in passenger transportation has resumed Transportation has played a significant role in the development of the United States by - Answers Supporting the westward expansion through the development of canals and railroads Which of the following has contributed to motor carriers obtaining a larger proportion of the modal split? - Answers Development and expansion of the interstate highway system Which transportation mode moves the most tonnage of international freight? - Answers Water CSCMP reported in their annual State of Logistics report that logistics accounted for approximately $1.4 trillion or what percent of the U.S. economy in terms of gross domestic product (GDP) - Answers 7.5% Transportation greatly affected the development of U.S. and trade relationships. Examples of how transportation infrastructure have affected the development of the U.S. include: - Answers ALL Thirteen original states performed more international trade with Europe than between states due to a lack of a transportation infrastructure National Road through Cumberland Gap led to development of Ohio and Midwest Railroads and river traffic accelerated development of the West and domestic trade within U.S. (for example, the transcontinental railroad)