Short test 1

1. Please indicate Right/Wrong for below statement

Right Wrong
a. Transportation is the physical link connecting the firm to its X
suppliers and customers.
b. Transportation adds time value while inventory adds place value X
to products.
c. Balance or imbalance of freight traffic in a market is a factor X
affecting transportation.
d. Firm should use a transportation mode which is the least costly. x

2. Who are transportation intermediaries? Please circle the correct answer.

a. Ship Agents b. Vessel-Operating Common Carriers
c. Shippers d. Shipbrokers

3. The ‘Four Rs’ Framework for Global Transport Firms include:

a. Reliability, Responsiveness, Resilience and Relationships
b. Responsiveness, Resilience, Risk Avoidance, Readiness
c. Reliability, Responsiveness, Readiness and Relationships
d. Resilience, Relationships, Reliability, Risk Avoidance

4. Which INCOTERMS are suitable for Ocean transport? Please indicate Right/Wrong
Right Wrong
a. FCA
b. FOB
c. CPT
d. DEQ

5. Which statement below is correct?

a. Free trade zones (FTZ) are areas among countries that permit shippers from those countries to
land store, and process goods before actual importing.
b. Goods in the FTZ can be landed and stored without customs formalities, duty, or bond.
c. The owner can re-export goods held in an FTZ at any time without having to pay any duties to
the country where the FTZ is located
d. Imports cannot be processed or re-marked in the FTZ.
Short test 2

1. Please link the method of transportation with its advantage

Method of transportation Advantage

1. Road Very short transportation time

2. Rail Fixed timetable worldwide

3. Sea Door – to – door transportation

4. Air Environment friendly

2. There are three major Ocean Shipping Categories. Please choose:

a. Liner
b. Charterer
c. Private carriage
d. Charter

3. What should be considered when choosing port of loading and port of destination?
a. Equipment availability
b. Connectivity
c. Security
d. All of the above

4. Which one of the following categories cannot be classified for dry bulk carriers?
a. Capesize 80,000 dwt plus
b. Panamax 50,000 – 79,999 dwt
c. Handymax 35,000 – 49,999 dwt
d. Suez max 100,000 – 149,999 dwt

5. Strategic/global alliances in Ocean shipping do not cover:

a. Joint sales, marketing or joint multi-modal pricing

b. Joint ownership of vessels or maintenance or insurance
c. Common tariffs or sharing of profit/losses
d. Joint vessel route assignments