EXAM 1 Pt.2 (Trucking) questions well answered graded A+ 2023

EXAM 1 Pt.2 (Trucking)Trucking has become the predominant mode of transportation in the US by gradually surpassing the railroads in terms of tonnage and revenues: - correct answer After World War II The current share of trucking in total transportation expenses is closest to: - correct answer 80% The number of motor carriers registered with the Office of Motor Carriers in the US currently falls somewhere in the middle of this range: - correct answer 100,001 - 1,000,000 Which company is a player in private carriage? - correct answer Sysco, Tyson Foods, Wal-mart and Coca-Cola Which is an example of general freight? - correct answer Consumer packaged goods Which phrase best characterizes the level of competition in the motor carrier industry? - correct answer The competition is intense in both TL and LTL segments. The rationale behind passing a federal Act in 1956 to create a national system of interstate highways was: - correct answer To promote interstate commerce and strengthen the defenses of the country Which is a reasonable way to classify the motor carriers? - correct answer LTL vs. TL, Local vs. Intercity, Publicly vs. Privately owned and specialized carriers vs general freight In the motor carrier industry, LTL terminals are used for (in connection with) these operations: - correct answer Break bulk, Pickup and delivery, Line haul and Slip-seating Which is a typical fixed cost item in the motor carrier industry? - correct answer Terminal