Freight Forwarding & Logistics Management Flashcards
7 cards from real CCP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Freight Forwarding & Logistics Management flashcards as text
In CargoWise, what triggers the automatic generation of a 'Customs Entry' from a forwarding job?
Answer: Selecting the customs broker organization and activating the entry creation action within the job
A Customs Entry in CargoWise is generated from the forwarding job by selecting the relevant customs broker and invoking the Create Entry action, which pre-populates it with shipment data.
What does 'dwell time' mean in a CargoWise logistics context?
Answer: The duration cargo sits at a terminal, port, or warehouse without being moved
Dwell time measures how long cargo remains stationary at a facility such as a port or CFS, and excessive dwell time often results in demurrage or detention charges.
Which CargoWise screen would you use to view all outstanding unpaid invoices from carriers that a forwarder needs to pay?
Answer: Accounts Payable
Accounts Payable in CargoWise lists all vendor and carrier invoices the forwarder owes, allowing payment processing and aging analysis.
When a CargoWise user marks a forwarding job's status as 'Closed', what does this typically indicate?
Answer: The shipment has been fully delivered, all charges are finalized, and the job is no longer editable
Closing a job in CargoWise signals that all operational and financial activities are complete, locking the record and finalizing the profit/loss position.
A shipper requests 'door-to-door' service from a forwarder. In CargoWise, which combination of services does this typically represent?
Answer: Origin cartage pick-up, international freight, and destination delivery to consignee's premises
Door-to-door service encompasses pick-up from the shipper's location, international transport, customs clearance, and final delivery to the consignee's premises.
In CargoWise, what is a 'Profit Share' arrangement in the context of a consolidation job?
Answer: A revenue-sharing agreement where profit from the consolidation is distributed between the consolidator and a co-loader partner
Profit Share arrangements in CargoWise consolidation jobs define how the net margin from consolidated cargo is divided between the controlling forwarder and any partner agents or co-loaders.
Which document in air freight serves the same fundamental legal purpose as a Bill of Lading in ocean freight?
Answer: Air Waybill (AWB)
The Air Waybill (AWB) is the contract of carriage between the shipper and the airline, equivalent in function to an ocean Bill of Lading, though it is non-negotiable.