Deck 13: Private Transportation and Fleet Management

Question 1

Finance lease only includes:

A) capital costs and license and registration
B) capital cost and heavy maintenance
C) capital costs alone
D) capital cost and normal preventative maintenance

Answer 1

C

Question 2

Which of the following is not an advantage of private trucking?

A) Elimination of carrier profit
B) Reduction in inventory levels
C) Union presence
D) For hire authority to back haul

Answer 2

C

Question 3

Management and overhead accounts for what proportion of the fixed cost of trucking?

A) 75%
B) 25%
C) 50%
D) 60%

Answer 3

C

Question 4

The advantages of a sleeper cab include all but:

A) Allows for two driver teams
B) Reduces the cost of lodging
C) Increases fuel efficiency
D) Allows one driver to accumulate off duty time in the sleeper

Question 5

What is the average drive cost per mile (non union)?

A) $0.75
B) $1.45
C) $0.60
D) $0.35

Question 6

How much,on a per mile basis,is fringe benefit cost?

A) $2.00
B) $0.02
C) $0.15
D) $0.65

Question 7

For purposes of classification as a "large shipment" how many pounds should the shipment be?

A) <20,000 pounds
B) <80,000 pounds
C) <35,000 pounds
D) <45,000 pounds

Question 8

Which act greatly reduced controls over entry into the common and contract carrier fields?

A) ICC act of 1995
B) The Railroad Act of 1974
C) The 1980 Motor Carrier Act
D) The 1996 Interstate transportation act

Question 9

A sleeper cab adds how much to the cost of a tractor?

A) $20,000
B) $10,000 to $15,000
C) $2,000 to $4,000
D) $500 to $1,000

Question 10

Which of the following is not an advantage of private transportation?

A) Flexibility in operations
B) Flexibility in capacity
C) Greater control
D) Improved service levels

Question 11

If annual use is 100,000 miles,total fixed cost is approximately:

A) $27,100
B) $36,200
C) $55,100
D) $65,000

Question 12

Which of the following is not a performance criteria for evaluating and controlling a private fleet?

A) miles operated (empty and full)
B) human resource hours
C) vehicle operating hours
D) total gallons of fuel used by entire fleet

Question 13

High product density is considered:

A) < 15lbs/feet cubed
B) <10lbs/feet cubed
C) <30lbs/feet cubed
D) <5 lbs/feet cubed

Question 14

What is the fixed cost per miles for long distance refrigerated products?

A) $1.90
B) $0.037
C) $0.27
D) $0.47

Question 15

As operative miles increase:

A) Fixed cost and operating costs increase
B) Operating costs decrease and fixed cost decrease
C) Operating costs decrease and fixed cost increase
D) Operating cost increase and fixed cost decrease

Question 16

Miscellaneous trucking costs include all of the following except:

A) tolls
B) overload fines
C) driver road expense
D) insurance

Question 17

According to the U.S.Census Bureau how many private trucks are on the road?

A) 100,000
B) 40,000
C) 4,000,000
D) 40,000,000

Question 18

On average how much lower is a private fleet operating in a for fee basis,in terms of cost per mile,in comparison to a for hire fleet?

A) 20%
B) 15%
C) 10%
D) Private fleets can not operate for hire.

Question 19

Shipments greater than how many thousand pounds require a five-axle trailer?

A) 45,000
B) 35,000
C) 55,000
D) 25,000

Question 20

Which form of private transportation is most prevalent?

A) Air
B) Rail
C) Ocean
D) Truck

Question 21

Why do firms engage in private water fleets? What is the advantage and what types of firms are likely to have their own fleets?

Question 22

What are the key items a firm should consider with respect to controlling a private fleet?

Question 23

Discuss leasing as an option for private trucking.

Question 24

What are the costs involved in private fleets cost analysis?

Question 25

Insurance costs are made up of:

Question 26

After the abolition of the Interstate Commerce Commission (ICC)in 1995 the responsibilities for regulating private transportation were transferred to?

Question 27

Describe what is meant by private air transportation.

Question 28

Explain the advantages and disadvantages of private trucking. Why do firms have private trucking fleets?

Question 29

What regulations do firms need to be cognizant of when considering a private fleet?

Question 30

License and registration cost are determined by?

Question 31

What does the term private transportation mean?

Question 32

What is the reason private fleets have better driver retention?

Question 33

Discuss competition in the motor carrier industry since the Motor Carrier Act of 1980.

Question 34

Maintenance,repair,and tire cost are what percent of total operating costs?

Question 35

Describe private rail transportation.