Supply Chain and Logistics Transportation and Freight 2

Question 1

What is a 3PL in logistics?

Accepted Answer

Third-Party Logistics provider

Answer

Three-Phase Logistics plan

Answer

Tri-Port Loading system

Answer

Triple Procurement License

Question 2

Which incoterm means the seller delivers goods to a named port and the buyer assumes all risk once goods are on board?

Accepted Answer

FOB

Answer

DDP

Answer

EXW

Answer

CIF

Question 3

What is the 'last mile' in logistics?

Accepted Answer

Final leg of a delivery from a local hub to the end customer

Answer

International customs clearance

Answer

Warehouse replenishment cycle

Answer

Supplier lead time

Question 4

What does a freight broker do in the transportation industry?

Accepted Answer

Acts as an intermediary connecting shippers with carriers

Answer

Owns and operates trucking fleets

Answer

Manages customs clearance documentation

Answer

Provides cargo insurance

Question 5

What is deadhead mileage in trucking?

Accepted Answer

Miles a truck travels empty without a paying load

Answer

Miles driven with a full load

Answer

Distance from shipper to first delivery point

Answer

Total route distance including stops

Question 6

What is the purpose of a proof of delivery (POD)?

Accepted Answer

Confirm that a shipment was received by the consignee

Answer

Authorize carrier payment

Answer

Initiate a freight claim

Answer

Schedule pickup from shipper