Supply Chain and Logistics Transportation and Freight 2

Question 1

What is a 3PL in logistics?

Accepted Answer

Third-Party Logistics provider

Answer

A 3PL (Third-Party Logistics) provider offers outsourced logistics services including warehousing, transportation, and fulfillment.

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

FOB (Free On Board) transfers risk and cost from seller to buyer once the goods are loaded onto the vessel at the named port.

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

Last-mile delivery is the final and often most expensive step of the supply chain, moving goods from a distribution center to the customer's door.

Question 4

What does a freight broker do in the transportation industry?

Accepted Answer

Acts as an intermediary connecting shippers with carriers

Answer

A freight broker matches shippers who need to move cargo with carriers that have available capacity, earning a commission.

Question 5

What is deadhead mileage in trucking?

Accepted Answer

Miles a truck travels empty without a paying load

Answer

Deadhead miles are unprofitable empty miles a driver travels after delivering a load and before picking up the next one.

Supply Chain and Logistics Practice Test