Logistics costs can be divided into three categories: inventory carrying costs,administrative costs,and transportation (with transportation costs accounting for the bulk of the costs).
Correct Answer:
Verified
Q17: Demurrage charges:
A)are never legitimate because delays are
Q18: Integrated carriers (truck-air),such as UPS and Federal
Q19: Compared to other modes of transportation,motor carriers
Q20: With deregulation of the transportation industry and
Q21: The cost per hundredweight (cwt)is generally higher
Q23: Marine transport is best suited for products
Q24: Truckload (TL)shipments are typically for short haul
Q25: Compared to motor carriers,rail is better suited
Q26: The bill of lading is the key
Q27: Transportation costs increase as distance,quantity,and speed increase.
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