Upgrade to remove ads
Terms in this set (39)
Approximately _____ of domestic freight is moved by road.
When was the deregulatory era in trucking (as well as other modes)?
Where are the revenues for the Highway Trust Fund supposed to come from
T / F: Trucking grew over time (particularly after WW2) because rail had difficulty with small loads over short distances.
T / F: Trucking and modal transportation by road took off when President Eisnehowersigned into law a bill that allowed interstate commerce.
T / F: For-hire trucking allows shipment for the general public on demand, at fair rates, and without discrimination.
If TL stands for truck load, then LTL stands for _____ truck load.
Which of the following is not one of the ways the trucking industry is typically categorized?
What is the largest average marginal expense per mile in trucking?
Which % of carriers have more than 6 trucks?
T / F: In just the past 2 decades, the number of certified carriers has more than doubled.
Since deregulation, the number of carriers has _____.
T / F: LTL carriers provide service to shippers who tender shipments lower than the minimum truckload quantities, such as 10 to 50,000 pounds.
T / F: The large number of small carriers may be explained by the low barriers to entry.
T / F: The motor carrier possesses a distinct advantage over other modes in the area of accessibility
Each of the following are service characteristics of road, EXCEPT.
T / F: In most cases, equipment represents the largest operating asset that a carrier maintains.
T/F: In most cases, equipment represents the largest operating asset that a carrier maintains.
T/F: When choosing equipment TL and LTL carriers need to decide upon both type of tractor (power) and type of trailer.
T/F: 28' 45' 48' and 53' are all common trailer lengths
T/F: Unlike other countries, the US does not allow triple trailers.
T/F: Straight trucks are also known as city trucks.
Which of the following is NOT a special type of vehicle?
T/F: As the economy grows, so does transport by roads.
T/F: There are more than 10,000,000 people employed in the trucking industry.
T/F: Trucking is or will be facing a driver shortage as the aging driver population begins to retire.
T/F: The nearly perfectly competitive structure of the industry creates still price competition and a labor cost ceiling.
T/F: Most truckers are compensated on a per mile basis and this indirectly incentivizes unsafe behaviors
T/F: The current federal gas tax is 18.4 cents per gallon
T/F: The Highway Trust Fund is currently insolvent
When the Highway Trust Fund revenues are insufficient to meet the projected obligations, Congress typically ____.
Transfers funds from the general fund of the US treasury to the HTF.
The Highway Trust Funds consists of all of the following accounts EXCEPT:
Bridge Maintenance Account
T/F: The American Trucking Association is committed to developing and advocating innovative, research based policies that promote highway safety, security, environmental sustainability and profitability.
T/F: The American Trucking Association supports and increase in the fuel tax
T/F: According to the US Government Accountability Office, the Feeral Highway Administration does not have an effective means to track funding allocations at a project level on a routine basis.
In trucking, HOS stands for ____.
hours of service
T/F: There are different rules for property-carrying and passenger-carrying drivers
T/F: Solar is one of the alternative fuels being used by truckers.
T/F: In a work week, at least two of the driver rest periods must include the hours between 1 AM and 5 AM
YOU MIGHT ALSO LIKE...
Managerial Accounting Exam 3
Principles of Marketing Ch. 11
Buying 2 Exam 1
OTHER SETS BY THIS CREATOR
Vessel Chartering & Brokerage
SPANISH TEST 2