Chapter 5: Motor Carriers correctly answered rated A+ 2023

Chapter 5: Motor CarriersWhat is one of the primary reasons for the growth of trucking after World War II? - correct answer The Interstate Highway System was constructed which allowed trucks to give faster services over longer distances What is the primary division between motor carriers? - correct answer For hire and private What is a Private Carrier? - correct answer a trucking operation that only hauls freight for the firm which owns it What does most of the trucking industry consist of? - correct answer carriers operating 6 or fewer trucks There is a relatively small amount of capital required to enter: - correct answer the truckload industry What do motor carriers haul primarily? - correct answer various manufactured commodity categories What is the status of competition within the motor carrier industry? - correct answer The industry is highly competitive with competition between all carriers as well as with firms such as United Parcel Service and FedEx What is one of the service characteristics of the trucking industry? - correct answer Truck rates are cheaper than rail or air